UPDATE 1-Market Chatter -- Corporate finance press digest

(Adds TUI AG, Mobistar and deals of the day)

BANGALORE, Sept 1 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* German group TUI AG (TUIGn.DE), Europe's biggest tour operator, is considering buying the shares it does not already own in British unit TUI Travel (TT.L) to refocus on tourism, Financial Times Deutschland reported. [ID:nLDE68005X]

* There will be a consolidation of mobile companies in Europe, making it more like China, India and the United States, the chief executive of Mobistar (MSTAR.BR), Belgium's second-biggest mobile phone operator, told La Libre Belgique. [ID:nLDE6800AR]

* China may launch an antimonopoly probe into BHP Billiton's (BHP.AX) (BLT.L) $39 billion bid for Canada's Potash Corp (POT.TO), the China Business News said on Wednesday, citing a source familiar with the matter. [ID:nSGE68008P]

* Institutional demand for the 25 billion yuan ($3.67 billion) convertible bond sale by the world's largest bank by market value, Industrial and Commercial Bank of China (1398.HK) (601398.SS), exceeded 2 trillion yuan, the China Securities Journal reported without citing sources. [ID:nTOE67U090]

* Burger King BKC.N has been in talks with private equity firms about a possible sale, the Wall Street Journal reported, citing people familiar with the matter. [ID:nSGE68006Y]

* Sprint Nextel's (S.N) board of directors is debating whether to let a rival operator invest in its majority-owned wireless network provider Clearwire Corp (CLWR.O), the Wall Street Journal reported, citing people familiar with the matter. [ID:nN31146597] For Deals of the day, please click on [ID:nSGE6800A1] (Compiled by Shivani Singh; Editing by Michael Shields)