Reuters: Financial Services and Real Estate: Market Chatter - Corporate finance press digest

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Market Chatter - Corporate finance press digest Jun 7th 2012, 04:08 June 7 | Thu Jun 7, 2012 12:08am EDT June 7 (Reuters) - The following corporate finance-related stories were reported by media on Thursday: * Canada's Ontario Teachers Pension Plan beat out Affinity Equity Partners as the preferred bidder for a stake worth $398 million in South Korea's unlisted Kyobo Life Insurance , local media reported on Thursday. * The board of Fairfax Media is considering a further writedown to the value of its newspapers as its traditional publishing sales decline, The Australian newspaper said on Thursday.

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