UPDATE 1-Market Chatter -- Corporate finance press digest

Fri Sep 25, 2009 2:20am EDT

(Adds EDF)

BANGALORE, Sept 25 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* French state-controlled power group EDF (EDF.PA) could raise its stake in waste, water and transport firm Veolia (VIE.PA) to 13-14 percent as Veolia's boss is set to go to EDF, daily Les Echos said. [ID:nLP378684]

* The state-owned parent of Chongqing Iron and Steel Co Ltd (1053.HK) (601005.SS), a medium-sized Chinese steelmaker, is in talks to acquire an Australian iron ore project, Chongqing Evening News reported. [ID:nSHA143891]

* Mahindra & Mahindra Ltd (MAHM.BO) is planning to up its stake in Swaraj Engines (SWAR.BO) by buying out Kirloskar Oil Engines' KROL.BO stake, the Business Standard reported. [ID:nBOM542151]

* Credit Suisse Group (CSGN.VX) is trying to sell a $1 billion claim it holds against bankrupt Lehman Brothers Holdings Inc LEHMQ.PK, Bloomberg News reported on Thursday, citing people familiar with the matter. [ID:nN24477163]

* Twitter is close to securing as much as $100 million of new capital from mutual fund giant T. Rowe Price (TROW.O), private equity firm Insight Venture Partners and five other investors, the Wall Street Journal reported on Thursday. [ID:nN24457479]

* German stock market operator Deutsche Boerse (DB1Gn.DE) is in talks to bring in the state as a long-term "anchor" investor in the group, following protracted battles with hedge funds, Germany's Manager Magazin reported on Thursday. [ID:nLO240250]

(Compiled by Shivani Singh; editing by John Stonestreet)

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