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UPDATE 1-Topshop billionaire Green in talks to sell stake-source

LONDON, Dec 4 (Reuters) – British retail billionaire Philip
Green is in advanced talks with a U.S. private equity firm over
the sale of a 25 percent stake in high street chain Topshop and
Topman, a…

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RLPC-Clayton looks for debt to back B&M stake

LONDON, Dec 4 (Reuters) – U.S. private equity firm Clayton,
Dubilier & Rice is in talks about raising debt to help pay for
its acquisition of a controlling stake in British discount
retailer B&M,…

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FEMA chief says will need more money for Sandy costs

WASHINGTON, Dec 4 (Reuters) – The U.S. disaster fund likely
will run out of money by early spring because of costs from
Superstorm Sandy, the head of the Federal Emergency Management
Agency (FEMA)…

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