(Reuters) – The following corporate finance-related stories were reported by media on Thursday:
* China’s Ministry of Finance plans to issue up to 8 billion yuan ($1.18 billion) in government bonds in Hong Kong as early as this month, a local newspaper reported on Thursday. [ID:nTOE68103C]
* Australian energy firm Santos Ltd (STO.AX) plans to raise as much as A$2 billion ($1.8 billion) in a rights issue to fund its $15 billion Gladstone liquefied natural gas project, The Australian newspaper said on Thursday. [ID:nSGE6800MA]
* General Electric (GE.N) and Westinghouse Electric, owned by Japan’s Toshiba Corp (6502.T), could spend a combined $10 billion to build two nuclear reactors in India, the Financial Express reported. [ID:nSGE68102U]
* Great Atlantic & Pacific Tea Co (GAP.N), which operates the struggling A&P supermarket chain, is mulling the sale of its Food Emporium stores to boost liquidity, the Wall Street Journal reported, citing people familiar with the matter. [ID:nN01171298]
* China’s Sinochem has hired HSBC (HSBA.L) bank to advise it on its options regarding Potash Corp (POT.TO), the target of a $38.6 billion hostile bid from BHP Billiton, (BHP.AX) (BLT.L) the Wall Street Journal reported on its blog on Wednesday, citing a person familiar with the situation. [nN01166105] (Compiled by Anirban Sen in Bangalore)
