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CNBC'S MOST SHARED
- 'We're in the Middle of a Crash': Black Swan
- The Rising Mountain of Debt May Be the Next Crisis
- Latvian Banker Taking Souls as Collateral
- US Home Prices Seen Falling 40% Overall: Analyst
- SEC May Reinstate Rules for Short-Selling Stocks
- Alaska Governor Sarah Palin Will Resign
- Cuddle Parties Heat Up
- The Worst Expected 2010 State Budget Gaps
- NY City Apartment Sales Down More Than 50%
- Health Care on Brink of IT Revolution
- The Rising Mountain of Debt May Be the Next Crisis
- North Korea Fires Short Range Missiles: Reports
- SEC May Reinstate Rules for Short-Selling Stocks
- Major Nations Should Back the Dollar: Japan
- Earnings Season: A Likely Game-Changer
- Slideshow: Best-Selling Fourth of July Fireworks
- Latvian Banker Taking Souls as Collateral
- OPEC President Says Is Satisfied with Current Oil Price
- Divisions Dominate as Third Quarter Begins
- Fireworks At Pharma's Market
- Value of Warren Buffett's Annual Gift to Gates Foundation Falls Along With Berkshire's Stock
- Michael Jackson: The Music And The Money
- Five Stock Picks for This Market
- Realities of the New Obama Refis
- Weak Dollar Means Gold at $1,040: Strategist
- Court Ruling Could Mean Trouble for TiVo
- Lance, Please Back Out Of Tour
- TeleMedicine Gets An Apple App Store Facelift
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
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] 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
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] 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.









