Vodafone Group Plc raised its preliminary offer to buy Kabel Deutschland Holding AG to about 7.5 billion euros ($10 billion) to persuade Germany’s largest cable company to enter talks, said people familiar with the bid.
Glencore Xstrata Plc raised the biggest loan on record for a commodity trader at interest rates below those offered to competitors as the 80 banks backing the deal count on winning future business from the company.
Food companies, facing increased scrutiny over the potential cancer risks of baked and fried products in the $80 billion crackers and cookies market, are bingeing on enzymes used to reduce the level of toxins.
Asian equity futures rose, indicating shares from Japan to Australia may follow U.S. stocks higher, on prospects the Federal Reserve will signal the fate of monetary stimulus after its meeting today. The yen held declines, while natural gas and gasoline gained.
Alpine Holding GmbH, the Austrian builder owned by Fomento de Construcciones y Contratas SA, may incur the country’s biggest insolvency in three years after attempts to reach a restructuring failed and were terminated.
Shareholders of GSW Immobilien AG, Berlin’s largest residential landlord by market value, passed a no-confidence vote against its chief executive officer following complaints from investors about how his hiring was handled.