Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
Hospitality/Food
Pepsico CEO calls out India's poor investment climate
Pepsico CEO says that India has degraded from 'must invest' to 'must deal with' because of infrastructure issues such as corruption and unclear taxation policy.
Saputo's AUD449 million bid permitted by WCB board and Australian government
Canadian company Saputo Inc's AUD449 million offer for Warrnambool Cheese and Butter Factory Holdings Ltd. has been recommended by the WCB board and subsequently approved by the Australian government.
Top deals of the day - mergers & acquisitions
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
TPG and Abraaj compete against KKR & Co for Saudi food chain
TPG Capital and Abraaj Group had formed a partnership to succeed over KKR & Co. in acquiring a majority stake in fast-food chain Kudu. Kudu has over 200 restaurants located in Saudi Arabia.
Latest News
Retail giant Lulu Hypermarkets, under the leadership Yussuffali MA is expanding to Asia, North Africa and Middle East.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
German animal health product supplier Boehringer Ingelheim announced its intention to acquire poultry vaccine maker Lohmann Animal Health.
New Zealand's dairy manufacturer Fonterra signed a deal to acquire troubled Tasmania-based company Tamar Valley Dairy.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
Marriott International Inc signed a deal to buy Cape Town-based Protea Hospitality Holdings for an undisclosed amount.
Renowned names in the wine industry join forces to create sales and marketing firm BCM Wineworks for the known brands of Bacchus Capital.
In a bid to trim its portfolio, Nestle had sold to North Castle Partners its interest in weight loss brand Jenny Craig.
Joh A Benckiser owned-D.E Master Blenders planned to increase its ownership interest in Norwegian coffee producer Kaffehuset Friele to 90%.
