UPDATE 1-Market Chatter -- Corporate finance press digest

Mon Nov 15, 2010 3:03am EST

(Adds Genzyme, Massey Energy, Ahold)

BANGALORE Nov 15 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

* Takeda Pharmaceuticals (4502.T), Japan's No.1 drugmaker, had explored whether it wanted to pursue a possible acquisition of U.S. biotechnology company Genzyme Corp GENZ.O, but is unlikely to do so, the Wall Street Journal reported, citing unnamed sources. [ID:nSGE6AE0RO]

* ArcelorMittal (ISPA.AS), the world's largest steelmaker, has expressed interest in buying Massey Energy Co MEE.N if the U.S. coal miner decides to sell itself, the Wall Street Journal said, citing people familiar with the matter. [ID:nSGE6AE0OW]

* Dutch supermarket group Ahold (AHLN.AS) is the last remaining bidder for Dutch retailer Hema, put up for sale by private equity group Lion Capital, but is still to decide whether to push ahead with a deal, a newspaper reported. [ID:nLDE6AE04E]

* The private equity arm of bailed-out Lloyds Banking Group (LLOY.L) is planning to spin off from its banking parent, its head was quoted as saying. [ID:nLDE6AE005]

* A unit of India's Reliance Communications (RLCM.BO) could raise at least $500 million by selling bonds to European investors, The Economic Times newspaper reported. [ID:nDEL003650]

* AMP (AMP.AX) has launched a cash and scrip offer worth A$14 billion dollar ($13.8 billion) for rival AXA Asia Pacific AXA.AX and the bid is expected to be approved by the takeover target's board, The Australian newspaper said in its website. [ID:nSDYEME6AH]

* British private equity firm 3i (3IN.L) has struck a 200 million pound ($322 million) deal to sell its oil services firm RBG to rival Montagu, The Daily Telegraph said. [ID:nLDE6AE00W]

* Taiwan's Asustek Computer (2357.TW) is set to cut further its holding in Pegatron (4938.TW) by selling about T$10 billion ($325 million) of the manufacturing unit's shares overseas, a local newspaper said. [ID:nTOE6AE006]

* The Dutch government has approached India on behalf of Vodafone's (VOD.L) Netherlands unit to settle a three-year-old tax dispute involving a 110-billion-rupee claim, The Economic Times reported. [ID:nDEL003651]

* Goldman Sachs Group (GS.N) has hit a snag in its efforts to win U.S. government approval to pay back a $5 billion investment from Warren Buffett's Berkshire Hathaway Inc (BRKa.N), the Wall Street Journal reported, citing people familiar with the matter. [ID:nN14217252]

* U.S. regulators have proposed anti-trust conditions as they aim to complete a review of Comcast Corp's (CMCSA.O) proposed deal to buy NBC Universal by the end of the year, the Wall Street Journal reported on Sunday. [ID:nN14198190]

* British online gaming operator Sportingbet (SBT.L) has held merger talks with Swedish rival Unibet (UNIBsdb.ST), the Sunday Times reported, without naming sources. [ID:nLDE6AD0A2]

* Warner Music WMG.N is contemplating a $750 million bid for EMI's recorded music division and could lodge a bid with private equity owner Terra Firma within weeks, the Observer newspaper reported on Sunday. [ID:nLDE6AD0C9]

* Volkswagen (VOWG_p.DE) has come up with a new plan for closer ties between truck rivals Scania (SCVb.ST) and MAN (MANG.DE), in both of which it holds large stakes, a German weekly reported on Saturday. [ID:nLDE6AC03B]

* Fortune Brands Inc FO.N, the maker of Jim Beam bourbon and Moen faucets, is now more likely to cooperate with activist shareholder William Ackman on a plan to split up the company, The Wall Street Journal reported on Friday, citing people familiar with the matter. [ID:nN12173104]

* State-run Coal India (COAL.BO) is in talks to buy mines from U.S.-based Peabody Energy (BTU.N) and Massey Energy MEE.N, according to a media report citing the company's chairman. [ID:nSGE6AC00W]

For Deals of the day, see [ID:nSGE6AE05Z] (Compiled by Aditi Samajpati in Bangalore. Editing by Jane Merriman)

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