| | | TOKYO (Reuters) - Dole Food Company Inc will sell two businesses to Itochu Corp for $1.7 billion in cash - a deal that will help the world's largest fruit and vegetable producer pay down its heavy debt load while expanding Itochu's food presence in new markets such as China. | | | | | | MELBOURNE (Reuters) - Fortescue Metals Group , one-third owned by billionaire founder Andrew "Twiggy" Forrest, has lined up $4.5 billion in debt and is in talks to sell stakes in some of its assets, as the world's No.4 iron ore miner moves swiftly to shore up funding to cope with a slump in prices. | | | | | | | TOKYO (Reuters) - Japan's biggest utility, Tokyo Electric Power Co , is in advanced talks to secure liquefied natural gas (LNG) supplies from North America and help reduce high import prices as Japan cuts reliance on nuclear power after the Fukushima disaster, company officials said on Tuesday. | | | | | | | (Reuters) - U.S. bondholders who have been battling Elpida Memory Inc's planned sale to Micron Technology Inc revealed on Monday the bankrupt Japanese chipmaker had carried out "unauthorized" dealings involving its U.S. assets. | | | | | HONG KONG (Reuters) - Longfor Properties , one of China's top-ten developers by sales, plans to raise up to $635 million in a share sale to fund land acquisition and day-to-day expenses, IFR reported on Tuesday. | | | | | (Reuters) - Bombardier Inc said its train unit signed a deal worth about 281 million euros ($367 million) with the Saudi Arabian unit of Spain's Talgo to supply parts for 36 high-speed trains. | | | | | | | (Reuters) - Google Inc said it bought Instagram rival Nik Software, which makes award-winning photo editing application Snapseed, for an undisclosed amount. | | | | | | | PARIS (Reuters) - Efforts to create a new European defense giant enter a perilous political phase this week, with national concerns growing over security and jobs while BAE Systems and EADS look ready to scrap their $45 billion merger if governments make too many demands. | | | | | | KHOBAR, Saudi Arabia (Reuters) - South Korean group Hyundai Heavy Industries submitted the lowest bid to build a new oil-fired power plant in Jeddah for state-controlled Saudi Electricity Co , industry sources said on Tuesday. | | | | SYDNEY (Reuters) - China's Meijin Energy Group has bid A$435 million ($457 million) for diversified miner Western Desert Resources Ltd , marking a possible return of appetite for Australian miners as falling commodity and share prices open up bargains. | | | | | | | 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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