UPDATE 1-Market Chatter-Corporate finance press digest
Feb 19 (Reuters) - The following corporate finance-related stories were reported by media:
* Delphi Automotive Plc has agreed to sell its lower margin automotive heating and cooling business to German competitor Mahle for more than $700 million, the Wall Street Journal reported, citing people familiar with the matter. (on.wsj.com/19yRD7J)
* Credit Bureau TransUnion Corp plans to raise about $800 million in an initial public offering this year, Bloomberg reported, citing people familiar with the matter.
* Pinterest Inc, a photo pin-up site, is in talks to raise $500 million in a round of funding that would more than double its valuation to $11 billion, the Wall Street Journal reported, citing people familiar with the matter.