Tuesday, April 3, 2007

UPDATE 1-Market Chatter - Corporate finance press digest

(Reuters) - ** Shareholders of Imperial Tobacco have given the green light to the UK's second-largest tobacco company to increase the size of its rights issue to fund an acquisition of Altadis , the Times reported.

** A counterbid for Alliance Boots involving German rival Celesio would face a host of regulatory and competition problems, the Times said, citing analysts and competition lawyers.


Read more at Reuters.com Mergers News

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