Acquisitions
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*Deal would raise Mitsubishi stake to 80 pct from 20 pct. May 31- Japanese trading house Mitsubishi Corp plans to acquire a majority stake in Brazilian grain company Los Grobo Ceagro do Brasil in a deal worth about 50 billion yen, the Nikkei business daily reported on Friday.
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*Deal would raise Mitsubishi stake to 80 pct from 20 pct. May 31- Japanese trading house Mitsubishi Corp plans to acquire a majority stake in Brazilian grain company Ceagro Agricola Ltda in a deal worth about 50 billion yen, the Nikkei business daily reported on Friday.
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May 31- Washington may still be digesting news of China Inc's latest bold move into America with the nearly $5 billion takeover of Smithfield Foods Inc, but early indications are the deal will not inflame enough nationalistic opposition to kill it, and success could pave the way for more Chinese purchases.
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May 31- Washington may still be digesting news of China Inc's latest bold move into America with the nearly $5 billion takeover of Smithfield Foods Inc, but early indications are the deal will not inflame enough nationalistic opposition to kill it, and success could pave the way for more Chinese purchases.
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*Meda's most promising asset Dymista allergy inhaler. *Meda shares hit 5-1/ 2- year on news of talks. MUMBAI, May 31- India's Sun Pharmaceutical Industries Ltd is in talks to buy Sweden's Meda AB for between $5 billion and $6 billion to boost its generics business in developed markets, two sources with direct knowledge of the process said.
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*Marine Harvest raises Cermaq bid, gets rebuffed. OSLO, May 31- Salmon farmer Cermaq rebuffed a raised $1.7- billion bid from rival Marine Harvest on Friday in a takeover battle which pits Norway's government against Harvest's biggest shareholder, the maverick shipping tycoon John Fredriksen.
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John Malloy, BlueRun Ventures partners, discusses how the social mapping and navigation app startup has revolutionizes the way people plot their destinations and has generated interest from Google and Facebook.
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SHANGHAI/ BEIJING, May 30- In three decades, Wan Long has turned Shuanghui International Holdings from a small, loss-making meat processor into China's largest, and is making his country's biggest takeover of a U.S. company- the $4.7 billion acquisition of Smithfield Foods Inc, the world's leading pork producer.
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CHICAGO/ LOS ANGELES, May 29- When Smithfield Foods Inc. quietly weaned the first of its pigs off the controversial feed additive ractopamine last year, it may have helped open the door for a Chinese counterpart to acquire the world's largest hog producer.
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HONG KONG/ NEW YORK, May 29- China's Shuanghui International plans to buy Smithfield Foods Inc for $4.7 billion to feed a growing Chinese appetite for U.S. pork, but the proposed takeover of the world's No. 1 producer has stirred concern in the United States.
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HONG KONG/ NEW YORK, May 29- China's Shuanghui International plans to buy Smithfield Foods Inc for $4.7 billion to feed a growing Chinese appetite for U.S. pork, but the proposed takeover of the world's No. 1 producer has stirred concern in the United States.
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WASHINGTON, May 29- The Federal Trade Commission said on Wednesday it filed a complaint aimed at stopping casino operator Pinnacle Entertainment Inc from buying rival Ameristar Casinos Inc because the merger would reduce competition and lead to higher prices for customers in St. Louis and Lake Charles, Louisiana.
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CNBC's Jon Fortt speaks to Cisco's CEO John Chambers about the company's recent acquisitions, the Sprint-SoftBank deal and challenges in China's market.
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China's Shaunghui International announced plans to buy pork producer Smithfield Foods for $4.7 billion. CNBC's Michelle Caruso-Cabrera and Eamon Javers; Peter Navarro, University of California; and Mayor Carter Williams of Smithfield, Virginia discuss.
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.160x105.jpg?v=1369850887 "Why Now's the Time to Sell Your Business")
Anyone who knows anything about business knows that you buy low and sell high. Here's why now just may be that selling-high time.
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China is buying America's biggest pork company Smithfield Foods for more than $4.5 billion, with CNBC's Michelle Caruso-Cabrera.
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May 29- China's Shuanghui International agreed on Wednesday to acquire meat processing company Smithfield Foods Inc for $7.1 billion, including debt, in the largest Chinese takeover of a U.S. company.
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LONDON, May 29- GlaxoSmithKline is betting on a new vaccine technology based on chimpanzee viruses by acquiring Swiss-based Okairos for 250 million euros- the latest bolt-on biotech buy by a big drugmaker.
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BRUSSELS, May 29- U.S. telecoms services firm Syniverse Technologies won conditional approval from EU antitrust regulators for its 550 million-euro takeover of Mach after agreeing to divest a big chunk of its rival's operations. Syniverse, owned by private equity firm the Carlyle Group, unveiled the offer for Luxembourg- based Mach in July last year.
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Valeant Pharmaceuticals is acquiring Bausch & Lomb for $8.7 billion, reports CNBC's Seema Mody.
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