Nov 2 (Reuters) - Dorel Industries Inc DIIb.TO :
* DOREL REACHES AGREEMENT IN PRINCIPLE REGARDING POTENTIAL GOING-PRIVATE TRANSACTION
* DOREL - CERBERUS CAPITAL MANAGEMENT IN EXCLUSIVE DISCUSSIONS TO PURCHASE SHARES FOR C$14.50/SHARE IN CASH, EXCEPT FOR THOSE HELD BY FAMILY HOLDERS
* DOREL INDUSTRIES INC - PROPOSED TRANSACTION WILL BE SUBJECT TO APPROVAL BY A MAJORITY OF VOTES CAST BY DOREL'S MINORITY SHAREHOLDERS