News Gates Blog

April 1, 2009

Market Chatter — Corporate finance press digest

Filed under: Uncategorized — admin @ 10:52 am

LONDON, April 7 (Reuters) - The following corporate finance-related stories were reported by the media on Tuesday.

* About half a dozen investment managers have put forward bids, ranging between $400 million to $800 million, for troubled insurer American International Group’s (AIG.N) asset management business, the Wall Street Journal reported [ID:nBNG134150].

* Germany’s Commerzbank (CBKG.DE) is preparing to issue an offer document to a handful of potential investors in General Motors’ (GM.N) Opel unit, the Financial Times said on Tuesday, citing sources close to the automaker [ID:nL6722266].

For Deals of the Day, click on [ID:nSP203931]

(Compiled by Douwe Miedema; Editing by Jon Loades-Carter)

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