UPDATE 1-Market Chatter -- Corporate finance press digest

Tue May 3, 2011 3:52am EDT

(Adds ING, Eramet and Transmode)

BANGALORE May 3 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:

* Dutch financial services group ING (ING.AS) is considering a sale of its Australian online banking unit, Bloomberg reported citing two people with knowledge of the matter. [ID:nLDE7420DZ]

* Eramet (ERMT.PA) would like Areva CEPFi.PA to cut its 26 percent stake to allow the French mining and metals group increase the number of its shares on the market and possibly join France's main share index. [ID:nLDE742062]

* Swedish telecom equipment firm Transmode is mulling a bourse listing and its market value is estimated at 1.5-2.0 billion crowns ($248-$331 million), a Swedish business daily reported. [ID:nLDE74207Q]

* Tokyo Electric Power may face liabilities of 2 trillion yen ($24.6 billion) over 10 years for damage stemming from its crippled nuclear power plant, and it could hike electricity fees to help pay, Asahi newspaper reported, citing a draft government calculation. [ID:nL3E7G305M]

* Teva Pharmaceutical Industries (TEVA.TA) TEVA.O has decided to acquire Taiyo Pharmaceutical Industry, Japan's third-ranked generic-drug company, for an estimated 40 billion yen, Japanese business daily the Nikkei Shimbun reported. [ID:nL3E7G301M]

* U.S. auto parts supplier Delphi Automotive is preparing for a roughly $1 billion public offering in the next few weeks, the New York Post reported, citing sources. [ID:nL3E7G219G]

Deals of the day: [DEALS/]

(Compiled by Anirban Sen; Editing by Dan Lalor) (anirban.sen@thomsonreuters.com; within UK +44 207 542 7717; outside UK +91 80 4135 5800; Reuters Messaging: anirban.sen.thomsonreuters.com@reuters.net)

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