Reports of new Asian share sales attracted headlines on Wednesday, with China National Pharmaceutical Group planning a $1 billion IPO, China Merchants Bank seeking $3 billion and BBMG Corp looking for cornerstone investors.
Other corporate finance stories in the newspapers include:
* French water utility Veolia Environnement (VE.N) plans to sell a 30 percent stake in its Czech unit Dalkia, daily Hospdarske Noviny reported, citing Dalkia’s board chairman.
* The Russian government has reached a deal on the purchase of services conglomerate Sistema’s (SSAq.L) stake in telecoms giant Svyazinvest, Kommersant newspaper said.
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