LONDON (Reuters) - British drinks group Diageo is buying a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million), boosting its expansion in fast-growing emerging markets while it fights for a bigger prize in tequila.
HONG KONG (Reuters) - Chinese developer Yuexiu Property said on Monday it sold one of the world's tallest buildings, a skyscraper in the southern city of Guangzhou, into its affiliated real estate investment trust for 8.85 billion yuan ($1.4 billion).
KUALA LUMPUR (Reuters) - Malaysia's RHB Capital Bhd and OSK Holdings Bhd said on Monday they had signed a 1.95 billion ringgit ($620 million) merger deal that values OSK's investment banking arm at 1.77 times book value.
LONDON (Reuters) - Xstrata is this week set to reveal a bonus package worth tens of millions of pounds in an effort to retain its chief executive ahead of its merger with Glencore , the Financial Times reported on Monday.
WARSAW (Reuters) - Poland's No.1 utility PGE is preparing ground for an eurodebt issue program worth 2 billion euros ($2.5 billion), but has no plans to use it in the near future, the group's deputy chief was quoted as saying on Monday.
ISTANBUL (Reuters) - Turkey's state-owned Halkbank is not holding direct talks with Mubadala , the Abu Dhabi government's investment fund, Halkbank general manager Suleyman Aslan told Reuters on Monday, in response to earlier media reports that Mubadala was in talks to acquire Halkbank.