Market Chatter- Corporate finance press digest- Oct 20
Oct 20 (Reuters) - The following corporate finance-related stories were reported by media:
* Thai full-service carrier Bangkok Airways Co Ltd has priced its initial public offering at 25 baht (0.77 U.S. cents) per share, as it raises 13 billion baht ($402.23 million) to fund expansion, people with knowledge of the matter said on Saturday.
* French food giant Danone, maker of Activia yoghurt and Evian water, has decided it wants to pursue a takeover of U.S. infant formula maker Mead Johnson Nutrition Group, sources familiar with the matter told Reuters.
* Brazilian juice maker Grupo Cutrale and investment firm Safra Group are not considering raising their $14-per-share, all-cash, definitive offer for Chiquita Brands International Inc , a source familiar with the matter told Reuters on Friday.
* IBM Corp has agreed to hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc, the Wall Street Journal reported, citing people familiar with the matter.