Korea M&A Corporation

SEOUL, June 30 (Reuters) - South Korean food group Dongwon said on Monday it had agreed to buy the StarKist seafood business from Del Monte Foods Co (DLM.N: Quote, Profile, Research) for $363 million, creating the world's top canned tuna company. Del Monte, whose brands include College Inn broths and Meow Mix cat food, was exploring a possible sale of StarKist, which it bought in 2002, as soarin..

Vancouver, British Columbia CANADA, Jun 27, 2008 (Filing Services Canada via COMTEX) ---- Pan African Mining Corp. (PAF - TSX Venture, P2A - FWB, PAFRF - OTCBB_Pink_Sheets), (the "Company") is pleased to announce the closing today of the Plan of Arrangement and related transactions (the "Plan of Arrangement") contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008 (..

Food and grocery retailer Subhiksha has taken the acquisition route to list its shares on the stock exchanges. The company wants to avoid an initial public offer (IPO) in view of the turbulence in the capital market. Chennai-headquartered Subhiksha Trading Services on Saturday announced that it has acquired 40 per cent stake in Blue Green Constructions and Investments, a non-banking finance comp..

Norway-based paper company Norske Skogindustrier ASA said it has agreed to sell its South Korean subsidiary for 3.2 billion Norwegian kroner ($621.4 million) to Morgan Stanley Private Equity Asia and Shinhan Private Equity as part of its efforts to cut debt. "The sale of the business in Korea will reduce Norske Skog's net debt by approximately 25%. This will give us more financial flexibility, a..

SOUTH KOREA. In major breaking news for the confectionery sector, a subsidiary of South Korean retail-to-leisure giant Lotte is to acquire 100% of the shares of Chocolaterie Guylian NV (Guylian) and its subsidiaries. Under the terms of the deal, Guylian, one of the world’s leading brands of premium Belgian boxed chocolates, will partner with Lotte Confectionery Co Ltd, the Lotte Group's publicly..

Not long after closing the door on the pursuit of Yahoo! Inc. (YHOO), an acquisition that would have boosted its online advertising business, Microsoft Corp. (MSFT) is making another purchase -- albeit much smaller -- that could enhance its ad presence in an entirely different way. The software giant is acquiring Navic Networks Inc., a venture-backed company that makes software to enable the pla..