June 20 The following corporate finance-related stories were reported by media:
* Samsung Life Public Welfare Foundation will sell around $500 million of shares in Samsung Life Insurance, a source with direct knowledge of the matter told Reuters on Thursday.
* Italy's biggest utility Enel has received several expressions of interest for its stake in Slovakian generating company Slovenske Elektrarne, a source close to the matter said on Thursday.
* French state bank BPI is ready to take a stake in the future structure of Alstom regardless of whom the engineering group decides to tie its fate to, a source close to the talks said on Thursday.
* The Pentagon has told Congress that it plans to award Northrop Grumman Corp a five-year contract worth up to $3.9 billion for new spy planes after concluding the deal would save $369 million, a source familiar with the matter said on Thursday.
* Private equity firms TPG Capital and Carlyle Group are planning to raise about A$2.5 billion ($2.4 billion) in an initial public offering of shares in Healthscope Ltd, Australia's biggest private hospitals operator, a source with direct knowledge of the plan told Reuters.
* Sprint Corp has lined up eight banks to finance its proposed acquisition of T-Mobile US Inc, edging closer to a deal that would merge the third and fourth-biggest U.S. mobile operators, according to people familiar with the matter.
* U.S. drugmaker AbbVie Inc has recently approached London-listed Shire PLC about a potential takeover, according to people familiar with the matter, marking the latest attempt by U.S. healthcare companies looking to acquire overseas rivals partly to lower their tax rates.
* General Electric will propose selling its rail signalling business to Alstom's transport arm and have Alstom remain a shareholder of its power grid business in an improved offer for the energy arm of Alstom ALSO.PA, French daily Le Figaro said on Thursday.
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For the Morning News Call-EMEA newsletter click on (Compiled by Shounak Dasgupta in Bangalore)