July 4, 2014 / 5:21 AM / 3 years ago

Market Chatter- Corporate finance press digest

2 Min Read

July 4 (Reuters) - The following corporate finance-related stories were reported by media:

* Online photo-printing service Shutterfly Inc has put itself up for sale and hired boutique investment bank Qatalyst Partners to find a buyer, Bloomberg reported, citing sources.

* Sharp Corp is in talks over licensing Taiwanese and Turkish firms to make and sell its home appliances in Europe, a source with knowledge of the discussions said, as it tries to cut costs to counter stagnant sales on the continent.

* Paramount Group Inc has retained Bank of America Corp to explore strategic alternatives, including an initial public offering that could value the city office property owner at up to $15 billion, according to people familiar with the matter.

* Archer Daniels Midland Co is close to buying natural food ingredients maker Wild Flavors GmbH, backed by buyout group KKR & Co, for about 2.5 billion euros ($3.4 billion), Bloomberg reported, citing people familiar with the matter.

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