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KKR, TPG 'looking to buy stake in Americana'

BY Reuters |

Private equity firms KKR & Co LP and TPG Capital are among the groups looking to buy a majority stake in food retailer Kuwait Food Co SAK, better known as Americana, Bloomberg reported, citing people familiar with the matter.
Frasers Centrepoint agrees to buy Australand for $2.46 bln

BY Reuters |

Singapore's Frasers Centrepoint Ltd (FCL), a company backed by Thai billionaire Charoen Sirivadhanabhakdi, has reached a deal to buy Australia's Australand Property Group for about A$2.6 billion ($2.46 billion).
Hon Hai buys stake in SK C&C, shares hit multiyear highs

BY Reuters |

Hon Hai Precision, the world's biggest electronics component maker, said on Monday it had bought a 4.9 percent stake in South Korean IT services firm SK C&C for 381 billion won ($376.59 million).
Investcorp explores '$1.3 bln Berlin Packaging sale'

BY Reuters |

Bahrain-based investment firm Investcorp Bank BSC is looking to sell Berlin Packaging LLC in a deal that could value the U.S. packaging distribution company at around $1.3 billion, according to people familiar with the matter.
U.S. media buyout firm 'in talks to buy Australia's Ten'

BY Reuters |

U.S. specialty media buyout firm Providence Equity Partners LLC is in discussions to buy struggling Australian broadcaster Ten Network Holdings, a source with knowledge of the discussions told Reuters on Tuesday.
Barwa Real Estate selling project to Qatari Diar for $2.5 bln

BY Reuters |

Qatari property developer Barwa Real Estate said on Monday it was selling its 95 percent stake in Barwa Commercial Avenue Co to the property arm of the country's sovereign wealth fund for 9.0 billion riyals ($2.5 billion).
Orix to buy majority stake in auto prototype maker

BY Reuters |

Japanese financial company Orix Corp said it plans to buy a majority stake in automobile prototype maker Arrk Corp from a government-sponsored fund, its latest in a string of acquisitions.
Woolworths to buy Country Road stake

BY Reuters |

South Africa's Woolworths Holdings Ltd offered on Tuesday to buy the 12 percent of Australian clothes retailer Country Road Ltd it does not already own from billionaire Solomon Lew for A$213 million ($200.20 million).
Olam sells 80 pct stake in Australia grain unit to Mitsubishi

BY Reuters |

Commodities trader Olam International Ltd said it has sold an 80 percent stake in its Australian grains business to Japan's Mitsubishi Corp for $64 million.
Samsung Life Foundation to sell $500 mln of shares in insurer

BY Reuters |

Samsung Life Public Welfare Foundation will sell around $500 million of shares in Samsung Life Insurance, the third major transaction announced by a Samsung Group company in the last six weeks.