Market Chatter -- Corporate finance press digest
BANGALORE, July 9 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
* American International Group Inc (AIG.N) has resumed talks to sell its American Life Insurance Co unit to MetLife Inc (MET.N) in a transaction that could help the stricken insurer raise more than $15 billion, the Financial Times said. [nN08413558]
* Datang Telecom (600198.SS), a telecom equipment maker, is in talks to sell a 20-percent stake to China's national pension fund worth as much as 3 billion yuan ($428.6 million), China Daily reported. [nPEK139651]
* China Resources Power Holdings (0836.HK), the country's fourth-largest listed power company by market value, plans to build an 8 billion yuan ($1.17 billion) coal-fired power plant in China's Jiangsu province that will add about 15 percent to the company's existing generating capacity, local newspapers said. [nHKG50189]
* India's largest listed property developer, DLF Ltd (DLF.BO), has sold its stake in an equal joint venture with Ackruti City (ACKR.BO) to a U.S.-based real estate fund for more than 2 billion rupees ($41 million), the Economic Times said, citing two unnamed DLF executives. [nBOM350750] (Compiled by Tresa Sherin Morera and Balachander Surianarayanan; editing by Simon Jessop)
