Thursday, February 27, 2014

Market Chatter- Corporate finance press digest

Wed Feb 26, 2014 10:59pm EST





<span id="articleText"/>Feb 27 (Reuters) - The following corporate finance-related stories were reported by media:



<span id="midArticle_0"/><span id="midArticle_1"/>* Biomet Inc, the U.S. medical device maker that was taken private by a private equity consortium for $11.4 billion in 2007, has hired underwriters for an initial public offering later this year, people familiar with the matter said on Wednesday.



<span id="midArticle_2"/><span id="midArticle_3"/>* Private equity giant Carlyle Group is expected to bid for Transpacific Industries Group Ltd's New Zealand waste management business, competing with state funds from both New Zealand and China in a deal that could fetch about NZ$1 billion ($830.20 million), a source close to the sale told Reuters.



<span id="midArticle_4"/><span id="midArticle_5"/>* US buyout house Blackstone is nearing agreement to buy a minority stake in Italian luxury group Versace, in a move highlighting private equity groups' growing interest in high-end fashion brands, the Financial Times reported, citing two people with knowledge of the talks. ()



<span id="midArticle_6"/><span id="midArticle_7"/>* Petroliam Nasional(Petronas) wants to sell its stakes in five offshore oilfields in Vietnam for a combined $300 million, two company sources said, as the Malaysian state oil firm streamlines its assets and raises funds for expansion.



<span id="midArticle_8"/><span id="midArticle_9"/>* The board of cash-strapped real estate group Risanamento is set to give the final green light on Thursday to a sale of its Paris assets to UK-based fund Chelsfield in efforts to pay back creditors, two sources familiar with the deal said.



<span id="midArticle_10"/>* Clayton Dubilier & Rice LLC has amassed $6.25 billion for its latest flagship private equity fund after it got oversubscribed, turning down as much as $2 billion from investors, according to two people familiar with the matter.



<span id="midArticle_11"/><span id="midArticle_12"/>For the Morning News Call-EMEA newsletter click on



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