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

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Market Chatter - Corporate finance press digest Jun 8th 2012, 04:02 June 8 | Fri Jun 8, 2012 12:02am EDT June 8 (Reuters) - The following corporate finance-related stories were reported by media on Friday: * Singapore gaming operator Genting Singapore has built up a 4.9 percent stake in Australian casino operator Echo Entertainment, The Australian newspaper reported, in a move that could complicate attempts by billionaire James Packer to win influence over Echo. * Loss-making Japanese chipmaker Renesas Electronics Corp has abandoned a plan to ask its major shareholders for a capital injection and is instead seeking guarantees from them for its loans, the Mainichi Shimbun reported on Friday.

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