Corporate Update

New Deals

Lawyers on Major Transactions

New York Law Journal

Finance company CIT Group Inc. has agreed to sell its home lending unit to Lone Star Funds, a private equity firm, in a deal worth $5.9 billion. Also, White Plains-based Bunge Ltd., a global fertilizer producer and oilseed processor, has signed an agreement to purchase corn refiner and supplier of food ingredients Corn Products International in a deal worth $4.8 billion.