Cerberus, Fortress Group, Lone Star to Bid on Takefuji

Buyout shops Cerberus Capital Management, Lone Star and Fortress Group are among the firms planning to bid on Japanese consumer lender Takefuji Corp., Reuters reported. The deal is valued at more than 60 billion yen ($716 million), Reuters said, adding that the first round of bidding will close on December 15. Takefuji filed for bankruptcy in September, owing 433 billion yen.

DealsNorth AmericaUSBriefs