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News Corp in $2 billion Australia pay-TV bid; Packer cashes up

Rupert Murdoch's News Corp (NWSA.O) made a $2 billion takeover offer for Australia's Consolidated Media Holdings (CMJ.AX) on Wednesday.


KKR builds Singapore team as SEAsia competition intensifies

KKR has reached a first close of $3 billion for its $6 billion Asian fund. KKR & Co LP is setting up its first deals team in Singapore as the U. S.

Rio Tinto approves $3.7 billion Australia iron ore expansion

Rio Tinto (RIO.AX) (RIO.L) will spend $3.7 billion to boost its Australian output of iron ore. Rio Tinto (RIO. AX) (RIO. L) will spend $3. 7 billion to boost its Australian output of iron ore, its most profitable business, shrugging off forecasts of waning demand and a looming global supply glut as Chinese manufacturing slows.

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.


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Walgreen Co said it would buy a 45 percent stake in KKR & Co-backed Alliance Boots for $6.7 billion in a cash and stock deal.
jobs search engine Bright has secured $6 million in initial venture capital to kick off a service that analyzes job seekers and matches them with posted jobs across the Internet.
Kenyan investment firm Centum (ICDC.NR) posted a 40 percent drop in full year profit on Tuesday without issuing a profit warning beforehand as required by market rules, sending its shares tumbling.
bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Index Ventures said it raised a 350 million euro fund - about $441 million - to invest in seed and early-stage technology companies.
A Hong Kong investor will plough about 480 million pounds ($751 million) into a development in east London's Greenwich peninsula to take a majority stake in the 150-acre scheme.
News and developments in Asia private equity from Reuters News for the week ending June 15. News and developments in Asia private equity from Reuters News for the week ending June 15.
Global food and dairy companies are making another round of big bets on China's fast growing dairy sector.
British buyout group Melrose Plc is in talks to buy German utility-meter maker Elster Group SE in a deal worth $2.3 billion.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.