UPDATE 1-Market Chatter -- Corporate finance press digest

(Adds BNDES, Taminco, Acea)

BANGALORE Jan 20 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* Brazil's state development bank BNDES is in talks to buy a minority stake in Hypermarcas (HYPE3.SA) to strengthen the domestic pharmaceutical industry and help the company fund overseas takeovers, O Estado de S.Paulo newspaper reported on Wednesday. [ID:nN20118477]

* Taminco will price its initial public offering (IPO), widely seen as a test for other companies considering a flotation in Brussels, at the low end of a 10-20 euro range, Belgian business daily L'Echo said. [ID:nLDE60J089]

* The municipality of Rome will decide this year on how to sell down its 51 percent stake in utility Acea (ACE.MI) under legislation passed last year, but favours spreading its shareholding widely, Mayor Gianni Alemanno said. [ID:nLDE60J0IA]

* French-Dutch air carrier Air France-KLM (AIRF.PA) may be interested in taking over troubled Polish airline LOT [LOT.UL], daily Dziennik reported on Wednesday without naming sources. [ID:nLDE60J063] (Compiled by Aditi Samajpati in Bangalore, editing by Will Waterman)