(Reuters) – The following corporate finance-related stories involving U.S., European and Asian companies were reported by media on Friday:
* The new chief executive of London Stock Exchange (LSE.L) Xavier Rolet has told La Tribune newspaper that he is ready to look at acquisitions and alliances but is not treating them as a priority. [ID:nLM494984]
* Borders UK, the bookshop chain owned by private equity firm Risk Capital Partners, has appointed restructuring experts RSM Bentley Jennison to advise on closing underperforming stores, The Independent reported.
* Billionaire investors Reuben Brothers have put in a 40 million pound ($63.18 million) bid to acquire Premium Bars & Restaurants (PBR), The Times said.
* The Obama administration is preparing to steer General Motors (GM.N) into bankruptcy next week, The Washington Post reported [nN21324883].
* Private equity firm BC Partners has stopped working on bidding for Barclays (BARC.L) exchange-traded funds arm BGI, the Financial Times reported.
* British investment group Mountgrange has raised more than 300 million pounds to invest in real estate, the Financial Times said. here tml
* Tata Motors (TAMO.BO) is expected to reach agreement with its banks to roll over a $1 billion loan on Monday, the Financial Times said.
* Hainan Airlines Co (600221.SS), China’s fourth largest carrier, will receive a cash injection of 3 billion yuan ($439.7 million) from local government and its parent group, the official China Securities Journal said. [nSHA60645]
* Fiat (FIA.MI) has signed an agreement to set up a car manufacturing venture with China’s Guangzhou Automobile Industry Group, Shanghai Securities News reported. [nSHA14353]
For Deals of the Day, click on [ID:nSP478302]
(Compiled by Tom Freke; Editing by Rupert Winchester) ($1=6.823 Yuan) ($1=.6331 Pound)