Feb 27 The following corporate finance-related stories were reported by media:
* 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.
* 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.
* 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. ()
* 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.
* 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.
* 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.
For the Morning News Call-EMEA newsletter click on