UPDATE 1-Market Chatter -- Corporate finance press digest

Fri Dec 4, 2009 1:50am EST

(Adds RUSAL)

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

* Russia's UC RUSAL, the world's biggest aluminium producer, will not run into problems even if it has to postpone a planned share listing until next year, its top shareholder, Oleg Deripaska, told the Financial Times. [ID:nGEE5B3034]

* Royal Mail has agreed to sell its 20 percent stake in Camelot, the British national lottery operator, meaning that all shareholders now agree to the sale of the company, the Times reported . [ID:nGEE5B300M]

* The UK online grocery retailer Ocado has met with the world's second-largest retailer Carrefour (CARR.PA) to discuss a home-delivery-shopping joint venture for customers in France, The Independent reported. [ID:nN03126529

* General Motors [GM.UL] has agreed to sell half its Indian operations and a stake in its Chinese business to China's SAIC Motor Corp (600104.SS), the New York Times reported. [ID:nBOM437548]

* Brookfield Asset Management Inc (BAMa.TO) and Simon Property Group Inc (SPG.N) have bought some of General Growth Properties Inc's GGWPQ.PK bank debt and bonds to position themselves for a bid for the bankrupt U.S. mall owner, the Wall Street Journal reported late Thursday on its website. [ID:nN03123828]

For Deals of the day, please click on [ID:nSP314920] (Compiled by Shivani Singh; editing by Simon Jessop) ((shivani.singh@thomsonreuters.com; +91 80 4135 5800; Reuters Messaging:shivani.singh.thomsonreuters.com@reuters.net))

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