Danone in talks on $7.2 bln biscuit sale to Kraft
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French food group Danone  is in exclusive talks to sell its biscuit and cereal snack unit for 5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc , the world's biggest cookie maker, they said on Tuesday.
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NEW YORK - Food giant Kraft Foods Inc. has put its Altoids breath mints and Life Savers brands on the block in a sale that could generate well over $1 billion, people familiar with the situation said Friday.
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Business & money: Deal could trigger takeover bid for seller Whitbread.
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THE board of investment bank Lazard meets today to consider a float on Wall Street that could value the firm at Â£1.7bn, according to reports.
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Danone is in exclusive talks to sell its  biscuit and cereal unit to the world&#39;s biggest cookie maker,  Kraft Foods, for 5.3 billion euros ($7.20 billion) in cash, the  food groups said on Tuesday.
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French food group Danone  offered to drop all legal actions against Hangzhou Wahaha Group if its estranged Chinese joint venture partner agrees to enter into talks to settle their long-running dispute.
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Japan Tobacco Inc. confirmed on Friday it was in talks to buy smaller rival Gallaher Group Plc, in a 7.5 billion pound ($14.7 billion) deal that would extend its overseas expansion.
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Premier Foods Plc pulled out of a  1.7-billion-pound ($3.2 billion) takeover battle for Britain's  United Biscuits on Thursday, leaving U.S. buyout giant  Blackstone Group as the sole known contender.
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Goldman Sachs Group Inc. may be in talks with the founding family of top Japanese consumer finance firm Takefuji Corp. for a stake of over $2.
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Business & money: The battle for control of J Sainsbury is expected to reach its denouement this week as crunch talks between Delta Two, the Qatari-backed investment vehicle, and the supermarket continue today.
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At least two bidding  groups plan to submit offers on Friday to acquire Cadbury  Schweppes Plc&#39;s  U.S. beverage unit for as much as  $15.8 billion (8 billion pounds), sources familiar with the  situation said on Tuesday.
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Kraft Foods Inc said on Tuesday it has struck deals with Starbucks Corp and Bosch Household Appliances to fuel growth of its Tassimo hot beverage system, which the company said was on track to become a $200 million brand by year's end.
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Call option activity in Kraft Foods  Inc.  surged on Thursday on speculation that Warren  Buffett&#39;s Berkshire Hathaway Inc. (BRKa.N) (BRKb.N) is  interested in the largest U.S. food company.
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Japan Tobacco Inc. confirmed on Friday it was in talks to buy smaller rival Gallaher Group Plc L> , in a 7.5 billion pound ($14.7 billion) deal that would extend its overseas expansion.
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The sale would give Kraft a new asset in the snack food business, its fastest growing segment, and allow it to extend its global reach.
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US food giant Kraft Foods has announced that it has agreed to sell its yoghurt business to Canadian frozen desserts maker CoolBrands International for around US$59m.
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Dow Jones & Co. , which has been in talks on a takeover by News Corp. , will meet with supermarket magnate Ron Burkle as Dow Jones explores its options, according to a report in the online edition of the Wall Street Journal.