Manchester United owner Malcolm Glazer dead at 85

Malcolm Glazer, the controversial American owner of English Premier League giants Manchester United, died Wednesday. He was 85.

Sahara India Pariwar in talks to buy MGM

Indian conglomerate Sahara India Pariwar is in discussions about buying the debt of struggling film studio Metro-Goldwyn-Mayer for USD 1.5 billion to USD 2 billion.

Kraft snares Cadbury for $19.6 bn

Kraft Foods agreed a recommended deal to buy Cadbury for around 11.9 billion pounds ($19.6 billion), creating the world`s top confectioner after frantic last-minute talks broke an impasse over price.

Shiseido to buy Bare Escentuals for $1.7 bn

Japan`s top cosmetics maker Shiseido Co said Friday it had agreed to buy Bare Escentuals of the US for $1.7 billion in a friendly takeover.