Reuters: Bankruptcy News: Market Chatter-Corporate finance press digest

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Market Chatter-Corporate finance press digest Jan 21st 2013, 04:11 Sun Jan 20, 2013 11:11pm EST Jan 21 (Reuters) - The following corporate finance-related stories were reported by media on Monday: * Restructuring specialist Hilco is the frontrunner in the battle to save music retailer HMV from administration, British media reported. * Santander is considering making a 2 billion pound ($3.2 billion) bid for National Australia Bank's UK business to accelerate its British expansion, the Sunday Times reported citing unnamed sources. * The boards of Aldar Properties and Sorouh Real Estate, Abu Dhabi's biggest real estate developers, have approved a state-backed merger of the firms through a share swap, sources familiar with the matter said. * L&T Finance is in advanced stages of negotiations to buy Morgan Stanley's wealth management business in India, the Business Standard reported. * Private equity firm EQT has pulled the sale of German academic publisher Springer Science+Business Media because it believes it can achieve a better price later in the year, the Financial Times reported on its website. For the Morning News Call-EMEA newsletter click on (Compiled by Abhishek Takle in Bangalore; Editing by G.Ram Mohan)

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