UPDATE 1-Market Chatter -- Corporate finance press digest

(Adds AIG, Toshiba and La Presse)

BANGALORE, Sept 4 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* AIG (AIG.N) will likely now announce the buyer of its Taiwan Nan Shan Life unit at the end of September instead of on Friday, Chinese-language newspaper Commercial Times reported, after potential buyers bid below the $2 billion the insurer had hoped for. [ID:nTP312941]

* Japan's Toshiba Corp (6502.T) is considering bidding for French nuclear group Areva's CEPFi.PA power distribution and transmission unit in a deal that could cost it around 500 billion yen ($5.4 billion), Jiji news agency reported. [ID:nTKF106585]

* UK specialist insurer Pension Corporation is eyeing a third capital-raising round of up to 400 million pounds ($652.7 million) from new and existing investors, the Financial Times reported. [ID:nL4592499]

* French carmaker Peugeot Citroen (PEUP.PA) is mulling an alliance with Japan's Mitsubishi Motors Corp (7211.T), French daily La Tribune reports. [ID:nL3365570]

* Prudential Financial Inc (PRU.N) put its South Korean brokerage unit up for sale in a deal worth up to $800 million as part of the U.S. group's restructuring, the Maeil Business Newspaper reported. [ID:nSEO259235]

* Credit Suisse (CSGN.VX) is in talks to buy a unit of Mesirow Financial in a bid to expand in the hedge fund industry, the Wall Street Journal said on Thursday, citing people familiar with the deal. [ID:nN03111119]

* Montreal's La Presse daily newspaper, the biggest French-language broadsheet in North America, is threatening to cease publication on Dec. 1, the Canadian Press reported on Thursday. [ID:nN03313127] (Compiled by Shivani Singh, editing by Will Waterman)