Dollar General sweetens Family Dollar bid, may go hostile


- Dollar General Corp raised its bid for Family Dollar Stores Inc to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected. | Video


Vodafone shares turn higher on Softbank interest report: traders 4:08pm BST

LONDON - Vodafone shares turned higher late on Tuesday, with traders citing a Nikkei report suggesting the British mobile operator may become a takeover target for Japanese telecoms firm SoftBank .


Cargill to buy ADM's chocolate business for $440 million 4:27pm BST

NEW YORK/CHICAGO - Commodity merchant Cargill Inc [CARG.UL] said on Tuesday it was buying Archer Daniels Midland Co's global chocolate business for $440 million in a move to expand its production capacity in North America.

Compuware agrees to private equity sale 3:28pm BST

- Business software maker Compuware Corp agreed to be bought by private equity investment firm Thoma Bravo LLC in a deal valued at about $2.5 billion.

Vale, Glencore break off talks over Canada nickel deal: sources 4:41pm BST

LONDON - Vale and Glencore have broken off talks over combining their nickel assets in Canada in a deal that could have produced over $1 billion in annual cost savings, sources close to the matter said.


Espirito Santo debt attracts potential buyers at 2 percent of face value 3:16pm BST

LISBON - Banque Privee Espirito Santo, part of the Espirito Santo family's business empire, has told clients that there are potential buyers for debt issued by troubled holding company Espirito Santo International, a source close to the bank said.

Thoma Bravo to take Compuware private in $2.5 billion deal 5:12pm BST

- Software maker Compuware Corp , under pressure from investors for more than a year over its poor performance, agreed to be taken private by investment firm Thoma Bravo LLC in a deal valued at about $2.5 billion.


Eric Cantor to join investment bank Moelis as vice chairman 2:54pm BST

- Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said, adding that Cantor will also be elected to its board.


Exclusive: 'Back to normal' for AstraZeneca CEO, despite Pfizer rumors 1:59pm BST

BARCELONA - Though speculation is rife of a new Pfizer bid, AstraZeneca's chief executive is not holed up with advisers in London or New York. Instead, he has spent the last three days immersed in heart science in Barcelona. to buy gourmet food supplier Harry & David 3:25pm BST

- Gifts retailer Inc said it would buy Harry & David Holdings Inc , known for its gourmet food brands such as Wolferman's English muffins and Cushman's HoneyBells citrus products, for about $142.5 million.

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