| SYDNEY (Reuters) - Australia rejected the A$2.8 billion ($2.55 billion) takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland (ADM) on Friday, bowing to pressure from grain growers in a rare and surprising decision. | | | | LONDON (Reuters) - Former Whyte & Mackay Chief Executive Vivian Imerman is interested in buying the whisky assets back from Diageo , his investment firm said on Friday. | | | | | BRUSSELS (Reuters) - French electrical gear maker Schneider Electric secured European Union regulatory approval on Friday for its 3.4-billion-pound ($5.56 billion) acquisition of British engineering company Invensys . | | | | | MILAN (Reuters) - A new investor is likely to buy a minority stake in Italian fashion house Versace by Christmas, Chairman and core shareholder Santo Versace said on Thursday. | | | | | STOCKHOLM (Reuters) - Christer Gardell, who co-founded Europe's biggest activist investor Cevian Capital, expects a burst of activity in mergers and acquisitions next year as corporate confidence returns. | | | | | MILAN (Reuters) - Loss-making Alitalia has yet to raise all of the 300 million euros ($407 million) it was seeking in an emergency cash call, piling more pressure on the Italian airline and find a strategic investor to keep it flying. | | | | | LONDON (Reuters) - Global accountant BDO predicts rapid consolidation in the sector due to pressure on fees, regulatory change and big investment costs, that will leave only a couple of mid-sized firms. | | | | | OTTAWA (Reuters) - Canada has sold a large embassy building in London's luxury Mayfair district to Indian developer Lodha Dwellers Pvt Ltd for $530 million, the Canadian foreign ministry said on Thursday. | | | | TORONTO (Reuters) - Caisse de dépôt et placement du Québec said on Thursday it has agreed to acquire a 26.7 percent stake in the Australia's Port of Brisbane from U.S.-based Global Infrastructure Partners, in order to cash in on rising trade with expanding Asian economies. | | | | FRANKFURT/MILAN (Reuters) - Germany utility E.ON has started preparations for the sale of its Italian business and will soon begin the search for a buyer, four people familiar with the matter said, at a price likely to be about 3 billion euros ($4 billion). | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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