UPDATE 2-Market Chatter -- Corporate finance press digest

(Adds Endesa)

BANGALORE Feb 25 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Wealth manager AMP Ltd (AMP.AX) and No.4 Australian lender Australia and New Zealand Bank (ANZ.AX) are looking at a A$4 billion ($3.6 billion) deal where the bank would get a significant stake in AMP in exchange for its wealth management business, the Age newspaper reported. [ID:nSGE61N0NR]

* Brazilian iron ore miner Ferrous Resources has appointed JP Morgan Cazenove and Deutsche Bank (DBKGn.DE) to plan a 3.2 billion pound London listing, the Daily Mail reported on Thursday. [ID:nLDE61O022]

* South Korea's retail-focused Lotte Group has submitted a letter of intent to buy a controlling stake in Daewoo International, putting itself in competition with steelmaker POSCO (005490.KS), a newspaper reported on Thursday. [ID:nTOE61N09F]

* Spanish utility Endesa (ELE.MC) has put up for sale its gas assets in order to ease its parent Enel's (ENEI.MI) debt, El Economista said on Thursday, without citing sources. [ID:nLDE61O07P]

* Russia's Gazprom (GAZP.MM) might control a new gas company to be created out of three already existing firms, the daily Kommersant reported on Thursday. [ID:nLDE61O037]

(Compiled by Purwa Naveen Raman in Bangalore)