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  • Market research giant VNU is receiving calls from its biggest investors to split up the company rather than proceed with its circa Eu7.3bn buy-out.
  • A $250m loan for GarantiBank International is likely to be launched next week, EuroWeek hears. The deal will be split between one and two year tranches.
  • The New York Federal Reserve met late yesterday (Thursday) to discuss the progress that the credit derivatives industry has made in clearing up what is considers serious operational inefficiencies, and it is expected to offer renewed warnings to the industry.
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  • Royal Bank of Scotland and Barclays Capital have been mandated to arrange around $116m of debt to back the $200m leveraged buy-out of oil and gas services provider Roxar by Arcapita, the private equity arm of Bahrain's Arcapita Bank.
  • Amy Butte, chief financial officer at the New York Stock Exchange, resigned this week. She will leave the NYSE at the end of May, the NYSE said on Tuesday.
  • Bookrunners Dresdner Kleinwort Wasserstein, Natexis Banques Populaires and Standard Chartered have closed syndication of Bank Dhofar's $75m three year loan, which will be signed later this month for around $100m. Lenders' commitments will also be scaled back.
  • Barclays, Lloyds TSB and Royal Bank of Scotland are scaling back commitments on house builder Persimmon's £1.2bn facility after it closed oversubscribed. The deal should be signed within the next few days.
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  • Which financial firms have already made a flying start to the year? In fact, conditions could hardly have been better, unless you were long of every corporate bond whose issuer then became a takeover target for opportunistic raiders.
  • A group of buy-out firms is considering a Eu11bn offer for Portugal Telecom. The group, which includes Warburg Pincus, BC Partners, Texas Pacific Group, Apollo Management, Silver Lake Partners and Bain Capital, is in the early stages of forming a consortium.