Blackstone hired to sell drugmaker Stiefel -source
) to try and sell the U.S. skincare business, a person familiar with the situation said on Friday.

The privately-held pharmaceutical maker is the world's largest independent dermat ...[more]

RPT-BRIEF-Fiat denies assumption of Chrysler debt

MILAN, March 20 (Reuters) - Fiat () issued a statement on Friday:

* Says deal with Chrysler [CBS.UL] does not envisage assumption of debt (Reporting by Gilles Castonguay)

< ...[more]
Market Chatter -- Corporate finance press digest

* Stiefel Laboratories Inc, a privately held pharmaceutical maker, is considering selling itself in a deal that could be worth several billion dollars, the Wall Street Journal said, citing p ...[more]

UPDATE 1-Glaxo gets $256 mln from selling down Quest stake

* Divestment part of gradual reduction in Glaxo's holding

(Adds, details, background)

LONDON, March 20 (Reuters) - GlaxoSmithKline () has sold a further chunk of its stak ...[more]

Satyam board meets as bid interest deadline nears
) began a meeting on Friday as the deadline neared for suitors to submit their expressions of interest in acquiring a majority stake in the fraud-hit Indian outsourcer. Potential bidders must sub ...[more]
RPT-Private US drugmaker Stiefel mulls selling itself-WSJ
), Novartis AG () and GlaxoSmithKline PLC (), the people told the paper.

Stiefel, a maker of anti-itch creams, acne treatments and other dermatological remedies, is hoping to fetch ...[more]

Petrobras says not violating Bolivia natgas accord
), said on Saturday it was complying fully with its commitments to import Bolivian natural gas, refuting comments by a Bolivian official this week.

Carlos Villegas, interim preside ...[more]

German EconMin denies Opel has no serious bidders

"I can only repeat: talks are being held with serious and less serious interested parties," he told reporters at an event held by his Christian Social Union (CSU) party in Bavaria.

...[more]

Lorillard could be takeover target - Barron's
), maker of Newport cigarettes, could be a takeover target, perhaps at a "sizable" premium to its current share price, according to the latest issue of Barron's.

"There lately has ...[more]

China still welcomes foreign investment -minister
) $2.4 billion bid to buy top Chinese juice maker Huiyuan ().

Some Western media had interpreted this rejection as meaning "China did not welcome foreign investment, but this is a ...[more]

UPDATE 1-BearingPoint agrees to sell $350 mln unit

The company, which filed for Chapter 11 bankruptcy last month, said it also signed a non-binding letter of intent to sell a substantial part of its North American Commercial Services busines ...[more]

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