Market Chatter- Corporate finance press digest

miércoles 23 de julio de 2014 00:17 GYT
 

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

* Italy's Banca Carige has postponed a decision on the sale of its insurance assets until Thursday, a source close to the bank said, after a media report about an offer from a German insurer pushed shares in the mid-sized lender higher on Tuesday.

* WH Group Ltd is set to raise $2.05 billion in a scaled-down Hong Kong initial public offering, a person with direct knowledge said on Tuesday, the Chinese pork producer's second attempt to list this year after investors rebuffed a pricier deal.

* PetSmart Inc has hired investment bank JPMorgan Chase & Co to evaluate a range of alternatives, including a leveraged share buyback and a potential deal with private equity, according to people familiar with the matter.

* David Herzberg, global head of equities at BTG Pactual Asset Management, has left the Brazilian firm after almost three years on the job, two sources with knowledge of the situation said on Tuesday.   Continuación...