UPDATE 1-Market Chatter -- Corporate finance press digest

Wed Sep 9, 2009 1:51am EDT

(Adds NYSE Euronext and Saab)

BANGALORE, Sept 9 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* With an eye on strengthening its U.S. options-trading business, NYSE Euronext (NYX.N) (NYX.PA) plans to sell stakes in its NYSE Amex options unit to seven major Wall Street firms, the Wall Street Journal reported. [ID:nBNG190711]

* Chinese automaker FAW is set to help finance luxury sportscar maker Koenigsegg's planned purchase of Saab Automobile [GM.UL], a Swedish newspaper reported. [ID:nL9630136]

* China Vanadium Titano Magnetite Mining and sportswear retailer Peak Sport Products aim to launch initial public offerings in the next few weeks, a Hong Kong newspaper reported. [ID:nHKG179722]

* The parent of China's Geely Automotive (0175.HK) will bid for Ford Motor-owned (F.N) carmaker Volvo Car Corp with a domestic investment firm, the Shanghai Securities News reported. [ID:nBJD003016]

* China's Yantai Wanhua Polyurethane Co (600309.SS) is seeking to buy a stake in privately owned Hungarian chemicals firm BorsodChem as a long-term strategic investor, business daily Napi Gazdasag reported on Tuesday. [ID:nL8157650]

* Brookfield Incorporacoes, the Brazilian real estate unit of Canada's Brookfield Asset Management (BAMa.TO) (BAM.N), plans to sell about 600 million reais ($326 million) of stock, Valor Economico newspaper reported on Tuesday, without citing a source for the information. [ID:nN08263838]

(Compiled by Shivani Singh; Editing by Dan Lalor)

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