Mergers & Acquisitions

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BRIEF-Infinis Energy to dispose of hydro business for 20.5 mln stg

* Has reached agreement to sell its Welsh hydro sites, totalling 14MW, to Dwr Cymru Welsh Water, remaining hydro sites of 3MW to H20 power limited for 20.5 mln pounds Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

BayernLB sues Ecclestone for damages over Formula One sale

MUNICH, Dec 19 - German state-backed lender BayernLB is suing Formula One boss Bernie Ecclestone for millions of euros in damages in connection with his involvement in the 2006 sale of its stake in the motor racing business.

Private Capital 4:39pm GMT

Confusion reigns in leveraged land

NEW YORK, Dec 19 (IFR) - Bankers specialising in leveraged loans and high-yield bonds say 2015 will start off in a similar fashion to 2014: with the same level of confusion about how to interpret US regulators' leveraged lending guidelines that have been in force for almost two years now.

Europe beware! Ashley's Sports Direct is spoiling for a fight

LONDON, Dec 19 - "If you don't want to play, we'll come to your country and smash you to bits," Mike Ashley, the billionaire founder of British retailer Sports Direct said earlier this year.

2:15pm GMT

Oil price bloodbath to spark energy sector buying spree

LONDON, Dec 19 - Large oil companies flush with cash are expected to seize on the recent collapse in oil prices to begin a shopping spree for smaller rivals, focusing on oil producers and explorers in Africa, Asia and the United States.

Regulatory News 1:29pm GMT

PRESS DIGEST- Canada-Dec 19

Dec 19 - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Regulatory News 11:20am GMT

BRIEF-Centrica sells its 50 pct stake in Barrow Offshore Wind Farm

* Centrica sells 50 pct interest in Barrow Offshore Wind Farm

10:36am GMT

BRIEF-RSA Insurance sells its stake in Thailand insurer Syn Mun Kong

* It agreed and completed sale of its 21.75 pct holding in Thailand insurer Syn Mun Kong to Leapfrog Thailand Holdings Ltd and Mindo Asia Investments Ltd

BRIEF-Daisy Group says applied for cancellation of trading on AIM

* At request of Bidco, applied to london stock exchange for cancellation of trading in Daisy shares on aim

7:15am GMT

BRIEF-Lender IPF says to buy MCB Finance Group

* Recommended cash offer through which IPF will acquire entire issued and to be issued share capital of MCB

7:10am GMT

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