Market Chatter- Corporate finance press digest

Wed Oct 2, 2013 12:30am EDT

Oct 2 (Reuters) - The following corporate finance-related stories were reported by media:

* Cargill Inc, one of the world's leading cocoa traders, is in the final stages of a deal to buy Archer Daniels Midland Co's cocoa business, sources familiar with the situation said.

* The New York Attorney General plans to sue Wells Fargo & Co on Wednesday over failures to comply with the terms of the $26 billion national mortgage settlement, according to a person familiar with the matter.

* MoneyGram International Inc has decided to remain public after talks with private equity firms over a leveraged buyout did not result in an offer in line with its expectations, three people familiar with the matter said this week.

* America Movil SAB's plan to acquire Royal KPN NV has hit a snag over price disagreements, with the Dutch phone carrier's management holding out for a higher offer, Bloomberg reported, citing people with knowledge of the discussions. ()

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A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

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