Market Chatter- Corporate finance press digest

lunes 23 de marzo de 2015 00:30 GYT
 

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March 23 (Reuters) - The following corporate finance-related stories were reported by media:

* China National Chemical Corp (ChemChina) and the shareholders of Pirelli were putting the final touches on a deal that will trigger a 7 billion euro ($7.5 billion) buyout of the Italian tyre company, four sources close to the matter said on Sunday.

* Toyota Motor is finalising plans for its first passenger car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter.

* Russian energy giant Rosneft will cut its stake in Pirelli after a deal that will make China National Chemical Corporation the single biggest investor in the Italian tyre maker, two sources with knowledge of the deal said. Rosneft would not exit Pirelli for now, the sources said.   Continuación...