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Glance-UPDATE 1-Market Chatter -- Corporate finance press digest


BANGALORE, May 10 (Reuters) - The following corporate finance-related stories were reported by media on Monday: * Three companies within Dubai Holding, which is owned by the Dubai ruler, have engaged advisers ahead of a potential plan to restructure billions in debt, the Financial Times reported on Monday. * Germany's Fresenius has solid backing from shareholders for a change of its legal structure on which it will vote at its annual general meeting on Wednesday, the healthcare conglomerate's CEO told a newspaper. * Russian miner Petropavlovsk plans a Hong Kong initial public offering (IPO) for its iron ore business, the Financial Times reported in its Monday edition citing people familiar with the matter. * Goldman Sachs Group Inc. is close to a deal to provide financing of $2.2 billion to one of the groups bidding for mid-priced U.S. hotel chain Extended Stay, the Wall Street Journal reported. * Sony Music said it is considering a bid for ailing British rival EMI on Sunday, while its main rivals deny any interest or decline to comment on their intentions . * University Partnerships Programme (UPP), a leading UK student homes operator, is to be split up and partly sold to raise funds to finance further projects, the Financial Times reported in its Monday edition. (Compiled by Tresa Sherin Morera; Editing by Mike Nesbit) Keywords: FINANCIAL CHATTER/ (tresa.sherin@thomsonreuters.com; +91 80 4135 5800 Reuters Messaging: tresa.sherin@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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