BRIEF-Emergent Capital announces supplement no. 1 to exchange offer
* Emergent Capital announces supplement no. 1 to exchange offer Source text for Eikon: Further company coverage:
PARIS, Sept 29 France's Safran has entered into exclusive negotiations with the owner of smartcard maker Oberthur Technologies over the sale of its Morpho business, the aerospace and defence company said on Thursday.
The potential deal with Advent International would value the identity and security business at 2.425 billion euros, Safran said in a statement.
French SIM card maker Gemalto had also been among bidders interested in the assets being sold by Safran, while private equity fund Advent wanted to acquire the biometric business and merge it with Oberthur, which it bought in 2011. (Reporting by Tim Hepher; Editing by Adrian Croft)
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.
RIO DE JANEIRO, May 26 The incoming head of Brazil's state development bank BNDES said on Friday he will not have a special focus on loans disbursed by the previous management.