XE.com - Glance-Market Chatter -- Corporate finance press digest

Nov 14 (Reuters) - The following corporate

finance-related stories were reported by media on Monday:

* A UK private equity firm is in talks to invest around 50

million euros ($69 million) in struggling Irish telecoms firm

eircom as part of an attempt by the shareholders to maintain

control of the company, the Sunday Times reported.

* British life insurer Legal & General has made an

approach for fund supermarket Cofunds, but could be usurped by

private equity house Bridgepoint, the Sunday Telegraph reported.

* Privatisation of Britain's Royal Mail will not

begin until at least 2013 and might not be complete before the

end of the UK government's present term, the Times newspaper

reported on Monday.

* The board of cash-strapped India's Kingfisher Airlines will consider on Monday a proposal to cut its $1.3

billion debt by more than half by selling property, converting

loans from its parent company into equity and changing the terms

under which it leases aircraft, the Economic Times reported.

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(Compiled by Suzannah Benjamin; Editing by Matt Driskill)

Keywords: FINANCIAL CHATTER/

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