The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.

The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.

Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.

Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.

A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.

French food group Danone and Russian firm Damate had yet to agree on the size of the investments to be made for the construction of new dairy farms to direct supply Danone's dairy factories.

Fonterra purchased 6% shareholdings in Bega, which in turn upped the ante for its own bid for Warrnambool Cheese and Butter.

An Australian regulator approved the bid of AUD 407 million of Bega Cheese Ltd for the acquisition of Warrnambool Cheese & Butter Factory Co.

McDonald's and Kraft to sell packaged McCafe-branded coffees in 2014. McDonald's Corp and Kraft Foods Group Inc agreed to sell packages of McCafe-branded coffees at retail locations and grocery stores across the US in 2014.

Shareholders in the largest milk producer in China sold nearly 5.2% stake. A group of shareholders raised nearly HKD855. 4 million or USD110 million from the sale of 5.