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By: Reuters | 10 Nov 2008 | 03:09 AM ET
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The following corporate finance-related stories involving U.S. and European companies were reported by media on Monday:

Premier Foods has hired Goldman Sachs [GS  Loading...      ()   ] to work on the restructuring of the food producer's 1.7 billion pound ($2.67 billion) debt package, while its main lenders have appointed Deloitte, the Financial Times reported.

Stefan Barden, chief executive of British food manufacturer Northern Foods, has his eye on acquisitions and believes the company can be a consolidator during a coming industry shake-out, according to an interview with the FT.

AIG [AIG  Loading...      ()   ] is close to securing a new government bail-out that will allow the troubled American insurer to cut interest payments and give it more time to sell assets and save itself from collapse, the FT reported, citing people close to the situation.

The world's leading private equity firms are reassessing how they invest in India after racking up huge paper losses buying stakes in listed companies, the FT reported, citing data from consultancy Bain & Co.

Several banks in Britain are compiling blacklists of borrowers in order to protect themselves from growing risks of defaults and bankruptcies, the Times said, citing a "well-placed City source."

Headhunters are being called in to help fill key posts in UK Financial Investments, the body set to up to handle Britain's 37 billion pound investment in its banking sector, the Telegraph reported.

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