Market Chatter- Corporate finance press digest

Tue Dec 2, 2014 11:18pm EST
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Dec 3 (Reuters) - The following corporate finance-related stories were reported by media:

* Canadian buyout firm Onex Corp is in talks to buy a UK safety and survival equipment maker from Warburg Pincus LLC for about 450 million pounds ($704 million), Bloomberg reported, citing three people with knowledge of the discussion.

* Valero Energy Corp was continuing the restart of a 45,000-barrel-per-day (bpd) hydrocracking unit (HCU) on Tuesday at its 330,000 bpd Port Arthur, Texas, refinery, said sources familiar with operations at the refinery.

* Footwear retailer Brown Shoe Company Inc is trying to acquire women's luxury shoe retailer Stuart Weitzman Holdings LLC, which could fetch close to $1 billion, three people familiar with the matter said on Tuesday.

* Arizona Chemical Holdings Corp, the largest producer of pine chemicals used in fragrances, plastics and household cleaners, is exploring a sale that could value it at over $1.5 billion, including debt, according to people familiar with the matter.   Continued...