** French agricultural group InVivo said on Friday it was buying gardening chain Jardiland for an undisclosed amount as it expands its presence in retailing.
** An overseas institutional investor paid $395.8 million on Friday to buy 3.33 percent of Vietnamese dairy firm Vinamilk , the country’s biggest listed company, the Ho Chi Minh Stock Exchange said on its website.
** Chinese steelmaker Delong Holdings has set up a steel manufacturing joint venture in Indonesia with Indonesia Morowali Industrial Park and Shanghai Decent Investment Group.
** Russia’s Alfa Telecom is interested in increasing its stake in mobile operator Turkcell by buying out Turkish firm Cukurova, which missed a recent debt repayment and could consider offers, two sources close to the matter told Reuters.
** Russia’s largest electronics retailer M.Video is in preliminary talks with Chinese online retail giant Alibaba about possible cooperation, an M.Video spokesman said on Friday.
** Pfizer Inc said on Friday it has sold its 49 percent stake to exit a joint venture it had set up with China’s Zhejiang Hisun Pharmaceuticals in 2012 to develop and market generic drugs.
** Chinese online content platform Bytedance said it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup.
** Global asset manager Blackstone Group LP has reached a deal to acquire China-based cosmetics packaging firm ShyaHsin Packaging (China) Co Ltd for about $800 million to $900 million, four people with knowledge of the matter told Reuters.
** Mexico’s Alpek said on Thursday that it had entered into a 60-day period with ContourGlobal to negotiate final agreements for potential sale of cogeneration power plants in Mexico.
** Menswear group Trinity Ltd said Shandong-based textile maker Shandong Ruyi International Fashion Industry Investment Holding Co Ltd has agreed to buy shares representing 51.38 pct of its enlarged share capital for HK$2.22 billion ($284.62 million), raising funds for future acquisitions and to repay debt.
** CBS Corp’s buyout of embattled Australian broadcaster Ten Network Holdings won approval from an Australian court, leaving only sign-off from the nation’s securities regulator before the deal is done.
** Greece’s Eurobank said it is close to finalising a deal to sell its Romanian subsidiaries to Banca Transilvania.
** Indonesia’s financial services authority (OJK) confirmed that Mitsubishi UFJ Financial Group (MUFG) is interested in buying a stake in Bank Danamon Indonesia . (Compiled by Diptendu Lahiri and Vibhuti Sharma in Bengaluru)
DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.
Happy Networking and Investing,