| | ZURICH (Reuters) - Swiss food group Nestle is to buy U.S. drugmaker Pfizer's baby food business for $11.85 billion, beating out French rival Danone in the battle for dominance of fast-growing emerging markets. | |  | | | LONDON (Reuters) - Mobile phone group Vodafone has agreed to buy Cable & Wireless Worldwide (CWW) for 1.04 billion pounds ($1.7 billion), giving it a British fixed-line network to relieve the strain on its wireless operations from data-hungry smartphone users. | | | | | | (Reuters) - Labor groups at bankrupt American Airlines said on Friday they support a potential merger with rival US Airways Group Inc in a deal they say would save more jobs than a plan by parent AMR Corp to reorganize as a stand-alone carrier. | | | | | | LONDON (Reuters) - AstraZeneca has agreed to buy U.S. company Ardea Biosciences for $1.26 billion, giving it a new gout drug to bolster its weak pipeline in a deal that feeds a wave of M&A in the biotechnology sector. | | | | | | MELBOURNE (Reuters) - Australian flu drug maker Biota Holdings has agreed to take over U.S. firm Nabi Biopharmaceuticals to create a $258 million group and move to the United States, where investors value biotech research more highly than in Australia. | | | | | | (Reuters) - Beam Inc plans to buy Pinnacle vodka and Calico Jack rum for $605 million, the company said on Monday, as it seeks a foothold in the large, growing vodka category. | | | | | | (Reuters) - Specialty apparel retailer Tilly's Inc said that it expects its initial public offering of 8 million shares to be priced between $11.50 and $13.50 apiece. | | | | | | FRANKFURT (Reuters) - Europe's largest drugs distributor Celesio is set to significantly boost its stake in Brazil's largest drugs distributor Panpharma from currently 50.1 percent, two people with the matter said. | | | | | COPENHAGEN (Reuters) - Shareholders in Danish shipping firm Torm will lose control of the company while banks and charter partners will get a "substantial majority" if a conditional financing deal is carried out, Torm said on Monday. | | | | | | (Reuters) - Harman International Inc said it signed more than $500 million worth agreements to provide in-car entertainment systems to three carmakers in China and India. | | | |  |  | | | 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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