J M Smucker to buy Milk-Bone owner Big Heart Pet Brands

J M Smucker Co (SJM.N), the maker of Folgers coffee, said it would buy pet food maker Big Heart Pet Brands, known for brands such as Meow Mix and Milk-Bone, for $3.2 billion to enter the fast-growing pet food market.


AT&T to sell data centers worth $2 billion: sources

AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday.

RadioShack may close, Sprint to get half of chain: BBG

Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions.

CEO says Finmeccanica may sell U.S. unit DRS: newspaper

Italy's Finmeccanica may decide to sell DRS Technologies once it has found a partner for the struggling U.S. unit, the chief executive of the aerospace and defense group told an Italian newspaper on Monday.


Latest News

South Korea's Samsung Electronics Co Ltd (005930.KS) said on Saturday that it would acquire Brazilian printing solutions company Simpress, the latest deal by the tech giant to bolster its business-to-business operations.
U.S. hedge fund Elliott has obtained the right to take a stake in German machine-tool maker DMG Mori Seiki AG (GILG.DE), for which Japanese partner DMG Mori Seiki Co Ltd (6141.T) made a takeover offer last week, the German company said on Friday.
Australian gaming mogul James Packer’s Crown Resorts Ltd. (CWN.AX) has scrapped a proposed $400 million luxury hotel and resort development in Sri Lanka after Colombo's new government withdrew approvals for casinos.
Sunac China Holdings Ltd has agreed to buy a 49.3 percent stake in troubled Chinese property developer Kaisa Group, a report in financial news magazine Caixin said on Friday, citing an unidentified senior company executive.
Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance.
The National Basketball Association and Tencent Holdings Ltd said Friday the Shenzhen-based Internet giant will be the only company in China to stream the league's online content.
The bankruptcy of the operating unit of Caesars Entertainment Corp's will proceed in Chicago, a victory for the casino company's private equity backers over its hedge fund creditors who wanted the case in Delaware.
The London Stock Exchange Group Plc (LSE.L) plans to put Russell Investments up for sale in mid-February and hopes to fetch around $1.4 billion for the unit, two sources told Reuters Wednesday.
Lender BOC Hong Kong Holdings Ltd (2388.HK) is considering a sale of its $6 billion subsidiary Nanyang Commercial Bank (NCB) to stop cannibalising the China business of its parent, people familiar with the matter said.
Supermarket chains Albertsons and Safeway (SWY.N) agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday.
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