XE.com - Glance-Market Chatter -- Corporate finance press digest

BANGALORE, Feb 13(Reuters) - The following corporate

finance-related stories were reported by media on Monday:

* Prudential Financial Inc, the No.2 U.S. life

insurer, has hired Bank of America Merrill Lynch to

advise on its possible bid for ING Groep NV's Asian

insurance operations, South Korean media reported, in what is

potentially Asia's second-biggest insurance sale ever.

* Some shareholders in Osaka Securities Exchange

want it to renegotiate a merger agreement with the Tokyo Stock

Exchange to win a higher price for their stock in a

planned tender offer by the Tokyo bourse, the Financial Times

reported on Monday.

* The Italian private-equity owner of Ducati is looking to

sell the motorbike brand for up to 1 billion pounds ($1.6

billion), three times its initial investment, the Financial

Times reported on Monday.

* Australia's AGL Energy confirmed it is in talks

to buy troubled Tokyo Electric Power Co's stake in the

Loy Yang Power plant, which a newspaper said could go for as

little as A$145 million.

* Japan industrial robot maker Fanuc Ltd plans to

build a new factory near Tokyo to double its domestic output

capacity of machine tools to produce parts of smartphones by the

end of the year, the Nikkei financial daily reported on Sunday.

For Deals of the day click on

(Compiled by Juhi Arora in Bangalore; Editing by Matt

Driskill)

Keywords: FINANCIAL CHATTER/

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