Archer Daniels Midland (ADM) said it will consider increasing its stake in GrainCorp after its takeover bid for the grain handler was rejected by the Australian Treasurer on Friday.

The central bank of the Philippines approved the merger between China Bank Savings In and rural bank Unity Bank Inc, expanding China Bank's network to 90 branches.

Canadian gas and oil producer Pacific Rubiales Energy Corp (PREC) announced that it has closed the acquisition of light oil and pipeline firm Petrominerales Ltd.

Indian private equity firm Milestone Capital Advisors Ltd. is planning to raise an INR500 crore real estate fund with a greenshoe option of additional INR250 crore. The firm expects to launch its eighth fund early next year.

Jacob Cook's private cloud project ArkOS has beaten its funding goal of USD45,000 with a total pledge of USD45,189 from 859 backers with less than a week remaining in a self-hosted crowdfunding campaign.

Mexican airline Interjet is planning to undertake an initial public offering in the latter half of 2014, according to Executive President Miguel Aleman Magnani in an interview with Bloomberg.

Archer Daniels Midland Company notes today's announcement by the Australian Federal Treasurer that he has made an order prohibiting ADM's proposed acquisition of GrainCorp Limited.

Australia rejected the A$2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland (ADM) on Friday, saying the deal was contrary to the national interests.

Christer Gardell, who co-founded Europe's biggest activist investor Cevian Capital, expects a burst of activity in mergers and acquisitions next year as corporate confidence returns.

On Thursday, Versace company president and former chief executive officer Santo Versace said there is a possibility of the Italian house to have a buyer of its 20% ownership stake by Christmas. Versace also revealed potential plans for an IPO in the future.