April 17 (Reuters) - The following corporate finance-related
stories were reported by media on Wednesday:
* Private equity mogul Stephen Feinberg is exploring a bid
for Freedom Group Inc, the Bushmaster rifle
manufacturer that his firm, Cerberus Capital Management LP
, put up for sale after one of its guns was used in a
Connecticut school shooting late last year, three people
familiar with the situation said on Tuesday.
* Daimler AG is offering its 7.5 percent stake in
Airbus parent company EADS at between 36.20 euros
($47.53) and 37 euros per share, a source close to the deal
* High-end grocery store chain Fairway Market priced its
initial public offering of 13.7 million Class A shares at $13
each, above its expected range, according to a person familiar
with the matter.
* State-run Chang Hwa Commercial Bank Ltd will
issue a 1 billion - 1.5 billion yuan ($161.73 million to $242.60
million) bond, two sources with direct knowledge of the matter
said on Wednesday, in the latest sign of growing demand for
yuan-denominated products as Taiwan-China ties gather steam.
* Private equity firm Aurora Capital Group has hired Goldman
Sachs Group Inc to explore a sale of Mitchell
International Inc, a U.S. car and property claims
software company, three people familiar with the matter said
* The Japanese beverages giant Suntory Holdings Ltd is in
talks with banks about assembling a knockout bid to buy Lucozade
and Ribena, two of Britain's most popular soft drinks which are
owned by the FTSE-100 pharmaceuticals giant GlaxoSmithKline Plc
, Sky News reported. ()
* Buyout firm Astorg Partners has hired Goldman Sachs Group
Inc to look for a buyer for France's leading funeral
services firm, OGF, sources familiar with the mandate said.
* Cathedral Capital, one of the top-performing underwriters
in the Lloyd's of London insurance market is being put up for
sale, according to a Sky News report. Cathedral, which is
majority-owned by Alchemy, the private equity group, is expected
to command a price tag of more than 250 million pounds, it said.
* The initial public offering of Dutch financial services
group ING Groep NV's unit ING U.S. is scheduled to be
priced on May 1 and shares will begin trading on May 2,
according to a market source.