Market Chatter- Corporate finance press digest- Jan 7

miércoles 7 de enero de 2015 00:16 GYT

Jan 7 (Reuters) - The following corporate finance-related stories were reported by media:

* Driven Brands Inc, the owner of franchised U.S. automotive repair chains including Maaco and Meineke Car Care, is exploring a sale that could value it at more than $600 million, according to several people familiar with the matter.

* Lloyds Banking Group wants Britain's financial regulator to grant it a waiver from new rules requiring banks to have separate boards of directors for their retail and investment operations, sources said.

* India's AGS Transact Technologies, partly owned by U.S. private equity firm TPG Capital, is set to file an application for an initial public offering to raise up to $200 million, three sources with direct knowledge of the matter told Reuters.

* Malaysian state investor 1Malaysia Development Bhd missed the repayment of a 2 billion ringgit ($563 million) bridge loan that was due end-December, two people close to the matter said on Tuesday.   Continuación...