January 21, 2014 / 6:11 AM / in 4 years

UPDATE 1-Market Chatter-Corporate finance press digest

Jan 21 (Reuters) - The following corporate finance-related stories were reported by media:

* French utility GDF Suez had takeover approaches for Canada-based Talisman Energy rebuffed late last year as it seeks acquisitions worth as much as $10 to $20 billion outside Europe, banking and industrial sources said.

* China’s Lenovo Group Ltd has resumed talks to buy International Business Machines Corp’s (IBM) low-end server unit, a source familiar with the matter said - a purchase that would bolster its efforts to diversify beyond a shrinking PC market.

* The main shareholder in Poland’s Alumetal plans to list shares in the aluminium parts maker in Warsaw via an initial public offering estimated worth between 200-500 million zlotys $65-$162 million), sources with knowledge of the offer told Reuters.

* Spanish billionaire Amancio Ortega, the founder of Zara owner Inditex, is among the investors eyeing the sale of property firm Realia RLIA.MC, two sources with knowledge of the matter said.

* GECAS, the world’s largest aircraft leasing company, is close to placing an order for around 40 Boeing medium-haul jets, industry sources said on Monday.

* JPMorgan has stopped working on a Chinese firm’s initial public offering amid an investigation by U.S. authorities into its hiring practises in China, people with direct knowledge of the matter told Reuters on Tuesday.

* British private equity firm Electra Partners said on Monday that its funds would take a majority stake in the British shoemaker Hotter Shoes, the New York Times reported. ()

* French carmaker PSA Peugeot Citroen is considering a capital increase of 3 billion euros ($4.1 billion), the second time in two years it’s selling shares to raise funds as the unprofitable French automaker consumes cash, Bloomberg reported. ()

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