Canada-based milk processor Saputo Inc raised its acquisition offer for Australia-based Warrnambool Cheese & Butter Factory Co to AUD515 million in a three-way bid contest with dairy firms Bega Cheese Ltd and Murray Goulburn Cooperative Co.
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Swiss food giant Nestle to divest USD1.27 billion Givaudan stake
Switzerland-based food group Nestle SA is divesting its Givaudan SA shares worth USD1.27 billion to institutional investors, according to a statement on the company's website.
US tech giant Microsoft raises USD8 billion in combined dollars-euros bond offering
Washington-based tech company Microsoft Corp sold a record offering of USD8 billion of bonds in dollars and euros to fund general corporate purposes, according to regulatory filings today.
US cable firm Charter raising USD25 billion for Time Warner acquisition -source
Charter Communications Inc is raising USD25 billion in debt to fund the acquisition of Time Warner Cable Inc, according to a source familiar with the matter.
Taiwan's TCC International receives USD721 million buyout bid from parent company
TCC International Holdings Ltd said it received a buyout offer amounting to HKD5.59 billion (USD721 million) from its parent company, Taiwan Cement Corp, which owns 56.5% of TCC.
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France-based multinational mass media and telecommunication firm Vivendi took a pause from big acquisitions to decide on how to spend the remaining USD14 billion from asset sales after cutting debt.
iPhone maker Foxconn Technology Group said it plans to invest USD40 million in Pennsylvania for the development of robotics and a high-tech manufacturing facility for telecom and internet equipment.
Singapore-based firm CapitaLand, the biggest developer in Southeast Asia, announced the sale of its 59% stake in Sydney-based Australand Property Group at AUD3.865 to AUD3.750 per share.
Galaxy Entertainment Group Ltd, the second-largest casino operator in Macau, announced its intention to invest USD5 billion in Japan and China if the gambling markets open in those countries.
Combined Japan-US app maker Gree Inc planned to acquire several undisclosed businesses in order to expand its product portfolio beyond the social gaming arena amid plummeting revenue.
Vietnam-based Ho Chi Minh City Housing Development Commercial Joint-Stock Bank (HDBank) revealed an on-going discussion with three Japanese firms about the sale of 30% of its stake.
Canadian large-scale gold mining companies Barrick Gold and Goldcorp have separately hired banks to explore the sale of their jointly owned Marigold mine in Nevada.
IPO candidate British game maker King revealed its Candy Crush Saga title has been downloaded over half a billion times and played over 150 billion times to date.
Vancouver-based Turquoise Hill Resources Ltd said it would go ahead with a USD2.4 billion rights offer for Mongolian copper mine Oyu Tolgoi after the company failed to secure long-term funding for the expansion of the mine.
