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.