UPDATE 1-Market Chatter-Corporate finance press digest- Jan 7

miércoles 7 de enero de 2015 02:28 GYT
 

(Adds item on 3G Capital)

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.

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