RPT-Market Chatter-Corporate finance press digest
(Repeats with no changes to text)
April 9 (Reuters) - The following corporate finance-related stories were reported by media:
* Goldman Sachs Group and U.S. private equity firm Warburg Pincus are among the companies that have advanced to the next round of the sale process to buy a stake in China Huarong Asset Management Co Ltd, people familiar with the matter told Reuters.
* Zayo Group LLC is exploring an initial public offering that could value the fiber network company at close to $7 billion, people familiar with the matter said, amid strong investor appetite for telecommunication firms offering more bandwidth.
* Private equity firm CVC Capital Partners Ltd is in advanced talks to sell its printing-ink maker, Flint Group, to Koch Industries and Goldman Sachs Group's private equity arm, two people familiar with the transaction said on Tuesday.
* British private equity fund CVC Capital Partners is the frontrunner in a race to buy Spanish olive oil bottler Deoleo , two banking sources said on Tuesday, a deal that has taken on political dimensions in Spain.
* Private equity firm Apax Partners LLP is exploring a sale of Advantage Sales & Marketing Inc (ASM) that could value the consumer marketing solutions provider at between $3 billion and $4 billion, according to people familiar with the matter.
* Goldman Sachs Group Inc could shut down Sigma X, one of the world's largest private stock-trading venues, the Wall Street Journal reported on Tuesday, citing sources.
* KKR & Co LP, the private-equity firm run by Henry Kravis and George Roberts, is offering its investors a minority stake in Visma AS, a Norwegian software company, Bloomberg reported, citing three people with knowledge of the matter. (link.reuters.com/byz38v)
* Rhone Capital LLC is in advanced talks to acquire a German chemical joint venture owned by Ashland Inc and Clariant AG valued at about 250 million euros ($345 million), people with knowledge of the situation told Bloomberg. (link.reuters.com/zuz38v)
* Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil, a source with direct knowledge of the deal said on Tuesday.
* New York state's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.
($1 = 0.7249 Euros)
For the deals of the day click on
For the Morning News Call-EMEA newsletter click on (Compiled by Esha Vaaish in Bangalore)
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video