Mengniu Dairy may buy private milk powder company

Mengniu Dairy may buy private milk powder company

China Daily 14 June 2013 China Mengniu Dairy Co Ltd, the country’s largest dairy producer, suspended trading on Thursday amid speculation over a possible acquisition of Guangdong Yashili Group Co Ltd, a privately owned milk powder maker. Both Mengniu and Yashili...
Chinese firm buys gold miner Stonewall

Chinese firm buys gold miner Stonewall

18 June 2013 Chinese energy company Shandong has raised funds to buy a subsidiary of Australian gold miner Stonewall Resources. Shandong had raised $US300 million ($A315.66 million) to acquire Stonewall Mining, Stonewall Resources said on Tuesday. The Chinese firm is...
South Africa’s Naspers may acquire RedBus

South Africa’s Naspers may acquire RedBus

The Times of India 15 June 2013 MUMBAI: South Africa-based Naspers group is likely to acquire a controlling stake in online bus ticketing firm RedBus, valuing it at about $100 million. Naspers arm MIH, which last year picked up a significant stake in online retailer...
Campbell to Acquire Kelsen Group

Campbell to Acquire Kelsen Group

Heraldonline.com 17 June 2013 CAMDEN, N.J. — Campbell Soup Company (NYSE:CPB) announced today that it has entered into an agreement to acquire Kelsen Group A/S from Maj Invest, a private equity firm, and several other investors. Based in Nørre Snede, Denmark, Kelsen...
Brazilian banks intensify private-equity investments

Brazilian banks intensify private-equity investments

Valor Econômico International June 10 2013 Brazilian banks are intensifying their bets on private equity, amid questions abroad on such type of investment in companies. The close relationship with thousands of companies in Brazil is one of the banks’ trump cards in...