BREAKFAST DEALS: Telstra's Nasdaq drive

Telstra Corporation considers floating its Chinese car ads business in the US, while Discovery is set to reveal details of its proposed capital raising.

Telstra Corporation is reportedly thinking of floating a Chinese car ads website on the Nasdaq. Carsales.com could also be possible trade buyer. Meanwhile, the Discovery Metals board has a difficult but necessary decision to make this morning on behalf of its already bruised shareholders. Also, BHP Billiton raises seriously cheap, seriously long-term debt in Europe and Virgin Group has an even more crowded register deck to deal with.

Telstra Corporation, Autohome

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