September 19, 2014 / 5:54 AM / 3 years ago

UPDATE 1-Market Chatter-Corporate finance press digest - Sept 19

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(Repeats with no changes to text)

Sept 19 (Reuters) - The following corporate finance-related stories were reported by media:

* Canada, which has seen a fair share of U.S. activist investors cross the border in the last years, may soon have more of them knocking on its door. Calgary-based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.

* A handful of large shareholders are calling on nutritional supplement retailer Vitamin Shoppe Inc to consider a sale to private equity or larger rival GNC Holdings Inc, according to people familiar with the matter.

* London-based Mako Global Investors is backing former Marble Bar Asset Management portfolio manager Christian Thum to launch a European equities-focused hedge fund in the fourth quarter, sources familiar with the matter said.

* Malaysian helicopter operator Weststar Aviation Services, partly owned by U.S. private equity company KKR, is inviting banks to pitch for a share listing slated for 2015, sources said.

* Tokyo Electric Power Co (Tepco) is set to select Chubu Electric Power Co as its preferred partner in talks on a comprehensive joint venture in fossil fuel electricity generation, a source close to the matter said on Thursday.

* Evraz Plc, Russia's largest steelmaker by production, is preparing to announce a spin-off and initial public offering of its North American unit, Bloomberg reported, citing sources close to the matter. (bloom.bg/XqHYcw)

* U.S. regulators are investigating a Goldman Sachs Group Inc internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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