Market Chatter -- Corporate finance press digest

BANGALORE, July 16 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* Advisers to Crest Nicholson have told its lenders to reject a 350 million pound ($537.3 million) takeover approach from Horizon Investments HZNA.L because it undervalues the company, the Financial Times reported on Friday. [ID:nLDE66E26A]

* The buyers of AIG's (AIG.N) Taiwan life insurance unit have offered more concessions to Taiwanese regulators in their push to break a deadlock that has stalled the $2.2 billion deal for over eight months. [ID:nTOE66F00T]

* Boston Scientific Corp's (BSX.N) Chairman Pete Nicholas and board member John Abele are selling millions of shares from the medical device company they founded decades ago, prompted in part by banks, a Wall Street Journal report said. [ID:nN15254638]

* Oil and gas producer Apache Corp (APA.N) is seeking $6 billion to $7 billion financing to purchase up to $10 billion in assets from BP Plc (BP.L) in a deal that could be announced next week, CNBC reported on Thursday. [ID:nN15217650] (Compiled by Anirban Sen in Bangalore)