May 14, 2009 / 7:01 AM / 11 years ago

UPDATE 1-Market Chatter -- Corporate finance press digest

(Adds Barclays)

LONDON, May 14 (Reuters) - The following corporate finance-related stories involving U.S., European and Asian companies were reported by media on Thursday:

* Dutch group ING ING.AS plans to leave the Russian banking market where its subsidiary bank is ranked among the top 50 in terms of assets, Kommersant business daily reported. [IDnLD954505]

* German cement maker HeidelbergCement (HEIG.DE) is considering selling its A$2 million ($1.5 billion) Australian business as it looks to pay down debt it took on with the takeover of British rival Hanson, the Australian Financial Review reported. [ID:nSYD468584]

* Lehman Brothers Holdings Inc LEHMQ.PK, which filed for bankruptcy in September, is looking to spin off its remaining assets, the WSJ reported in an unsourced story. [ID:BNG124657]

* Fiat’s FIA.MI talks with General Motors (GM.N) about creating a car supergroup including Vauxhall/Opel, Saab and Chrysler have hit obstacles over the issue of GM’s Latin American operations, the Financial Times reported, citing people briefed on the discussions. [ID:LD712968]

* Barclays Capital has hired more than 450 people for its fledgling European and Asian cash equities business and hopes to add another 300 by the end of the year, the FT reported.

Compiled by Victoria Howley; Editing by Dan Lalor

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