UPDATE 1-Market Chatter -- Corporate finance press digest

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BANGALORE Oct 6 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:

* Primus Financial has won the bid for AIG's (AIG.N) Taiwan insurance unit Nan Shan Life at $2.2 billion with a contract to be signed on Friday, a local newspaper reported on Tuesday. [ID:nTP186231]

* Minsheng Bank (600016.SS), China's first listed non-state lender, is looking to increase its stake in San Francisco-based UCBH Holdings Inc UCBH.O, in order to bolster the U.S. bank's capital, Bloomberg said, citing two people briefed on the matter. [ID:nBNG465736]

* A group of investors led by Starwood Capital Group won the bidding for assets of failed Corus Bank and will pay $550 million, the Financial Times reported on its website. [ID:nBNG1641]

* The Indian government will consider a proposal next week to induct strategic investors in weak public sector banks, the Economic Times reported on Tuesday, citing an unnamed senior government official. [ID:nBOM33375]

* Sweden has decided to guarantee the 4.3 billion crown ($610 million) loan that ailing car maker Saab has asked the European Investment Bank for, news agency TT reported. [ID:nL5142570]

* French bank Societe Generale (SOGN.PA) could announce a capital increase this week to enable it to repay state support provided during the financial crisis, Les Echos reported in a preview of its Tuesday edition. [ID:nL5118884]

* Centrica (CNA.L) is not interested in taking a larger stake in four new nuclear plants to be built by France's EDF (EDF.PA), The Daily Telegraph reported on Tuesday citing sources. [ID:nB156734]

* Spain's leading telecoms company, Telefonica (TEF.MC), is planning to resist pressure from Italian politicians to give up its 10 percent stake in Telecom Italia (TLIT.MI), the Financial Times reported on Tuesday, citing people close to the situation. [ID:nB152574]

* Powerlong Real Estate Holdings (1238.HK) has priced its IPO 17 percent below its indicated range and delayed its trading debut amid cooling demand from investors for new offerings, local media reported on Tuesday. [ID:nHKG184028] (Compiled by Purwa Naveen Raman in Bangalore)