UPDATE 1-Market Chatter -- Corporate finance press digest

(Adds Dubai World, Paetec and Deals of the day)

BANGALORE, Sept 13 (Reuters) - The following corporate finance-related stories were reported by media over the weekend and on Monday:

* U.S.-based distressed debt fund Aurelius Capital Management is the only creditor to have not signed on to Dubai World's $24.9 billion restructuring deal, the Financial Times said on Monday citing people close to the talks. [ID:nLDE68C01Q]

* Telecommunications company Paetec Holding Corp PAET.O has agreed to acquire privately held rival Cavalier Telephone LLC for $460 million in cash, the Wall Street Journal reported on Monday. [ID:nSGE68C06P]

* Chinese insurance companies including Taikang Life and China Reinsurance (Group) Corp have applied for an IPO in Shanghai, with one or two insurers expected to go public in the fourth quarter, the Securities Times reported on Monday, citing unidentified investment bankers. [ID:nTOE68C015]

* Primus Financial Holdings, one of the bidders for American International Group's (AIG.N) Taiwan unit, will appeal the regulator's decision to block the deal, the Economic Daily news reported on Monday. [ID:nTOE68C00W]

* Sichuan New Hope Agribusiness (000876.SZ), a subsidiary of China's top corn producer New Hope Group [NWHOP.UL], will buy assets from its parent for about 7.8 billion yuan ($1.15 billion), the China Securities Journal reported on Monday. [ID:nTOE68C00N]

* A vehicle controlled by Malaysian billionaire Ananda Krishnan plans to sell Tanjong Plc's TJPL.KL gaming business after privatising the firm for $1.5 billion, the Star newspaper reported on Monday. [ID:nSGE68C004]

* A group of Chinese investors are in the early stages of considering a takeover offer for British insurer Prudential Plc (PRU.L), the Sunday Times reported without citing sources. [ID:nLDE68B0BD]

* Hewlett-Packard Co (HPQ.N) is nearing a deal to buy cybersecurity company ArcSight Inc ARST.O for about $1.5 billion, the Wall Street Journal reported on Sunday, the latest in a series of tech sector transactions. [ID:nN12148089]

* Online gaming exchange Betfair is set to announce plans for a 1.5 billion pounds ($2.3 billion) London flotation within the next two weeks, The Sunday Times reported without citing sources. [ID:nLDE68B07R]

* British mobile phone retailer Phones4U could be put up for sale by its U.S. private equity owner Providence Equity, the Sunday Times reported, citing a source close to the company. [ID:nLDE6350JF]

* French retailer Carrefour SA (CARR.PA) has removed several potential buyers from the bidding for its stores in Southeast Asia, including Britain's Tesco PLC (TSCO.L) and Japan's Aeon Co. (8267.T), the Wall Street Journal reported on Saturday. [ID:nSGE68A00O]

* Construction firm Bilfinger Berger (GBFG.DE) is considering selling or carrying out an initial public offering for its Australian business, German daily BoerzenZeitung reported in its Saturday edition. [ID:nLDE68A047]

For Deals of the Day, please click on [ID:nSGE68C09E] (Compiled by Shivani Singh)