UPDATE 1-Market Chatter-Corporate finance press digest

Tue Apr 22, 2014 2:10am EDT

(Adds news items on Orix Corp and Lufthansa)

April 22 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:

* Japanese financial services company Orix Corp will buy precious metal, diamond and jewellery recycler Net Japan Co from Baring Private Equity Asia for around 21 billion yen ($204.74 million), people with knowledge of the matter said on Tuesday.

* Lufthansa's IT infrastructure business, which the airline is trying to sell, is drawing interest from IBM , Hewlett-Packard and France's Atos, German paper Frankfurter Allgemeine Zeitung (FAZ) reported, without citing any sources.

* Citigroup Inc is seeking buyers for about 50 branches holding $3 billion of deposits in California as the lender looks to trim its branch network, Bloomberg reported, citing three people involved in the process.

* Australia's Crown Resorts Ltd is set to bid for a $2 billion casino complex in Las Vegas, according to media report, underscoring the Melbourne-based casino operator's ambition to expand to more markets.

* Italy's two largest banks, UniCredit and Intesa Sanpaolo, are teaming up with U.S. private equity firm Kohlberg Kravis Roberts to pool some of their bad loans into a vehicle that will provide fresh capital for the struggling companies, the Financial Times reported.

* Talks between Barrick Gold Corp and Newmont Mining Corp about a potential merger have hit a snag, but sources close to the situation say the companies remain keen to reach a deal and discussions are likely to resume.

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