Today 11:00 PM ET (Dow Jones)
CHINESE BID VALUES GOLD MINER PANAUST AT A$1.46 BLN
PanAust Ltd., a gold and silver miner, said Tuesday it received a takeover bid from China's Guangdong Rising Assets Management valuing it at around 1.46 billion Australian dollars . (published 0057 GMT)
AT&T COULD STRIKE $50 BILLION DEAL FOR DIRECTV -- UPDATE
AT&T Inc. is moving quickly to seal a takeover of DirecTV that could value the satellite-television provider at some $50 billion, people familiar with the matter said. (published 2228 GMT Monday)
$4.3 BILLION FOOD DEAL SEEKS CLOUT WITH GROCERS
Hillshire Brands Co. agreed to buy Pinnacle Foods Inc. for $4.3 billion in a bet that mixing hot dogs and frozen cakes with pickles, syrup and salad dressing will add up to a more appetizing business. (published 2337 GMT Monday)
PFIZER PLEADS CASE FOR DEAL WITH BRITISH LAWMAKERS
Pfizer Inc. laid out a case for its proposed $106 billion takeover of AstraZeneca PLC in documents sent on Monday to two U.K. parliamentary committees. (published 2332 GMT Monday)
CHRYSLER SWINGS TO A LOSS ON DEAL-RELATED CHARGES
Chrysler Group LLC on Monday reported a $690 million loss for its first quarter on expenses related to a debt payment and a charge to earnings stemming from its purchase by Italy's Fiat SpA in January. (published 2328 GMT Monday)
ORICA PROFIT FALLS AMID MUTED DEMAND FOR EXPLOSIVES
Orica Ltd., the world's biggest maker of industrial explosives, said Tuesday that lax demand from miners dragged down its first-half profit. (published 2336 GMT Monday)
MITSUBISHI CHEMICAL: TO DECIDE ON STRENGTHENING CAPITAL ALLIANCE AT BOARD MEETING TUESDAY
Mitsubishi Chemical Holdings Corp. said Tuesday it will make a decision on strengthening its capital alliance with affiliate Taiyo Nippon Sanso Corp. later in the day. (published 2349 GMT Monday)
NEWMONT TO SELL AUSTRALIAN GOLD MINE TO NORTHERN STAR
Newmont Mining Corp. has agreed to sell its Jundee gold mine in Western Australia to Perth-based gold producer Northern Star for 82.5 million Australian dollars . (published 2252 GMT Monday)
HEAD OF DUTCH AFFILIATE OF KPMG STEPS DOWN
The head of accounting firm KPMG's Netherlands affiliate resigned in the wake of a criminal investigation by Dutch authorities into possible tax evasion by a joint venture that developed the firm's Dutch headquarters. (published 0031 GMT)
INFRATIL TO REVIEW AUSTRALIAN NATIONAL ELECTRICITY MARKET INVESTMENTS
Utilities, airport and retirement-village investor Infratil Ltd. will review its investment in Australian energy companies Lumo Energy and Direct Connect Australia. (published 2317 GMT Monday)
(END) Dow Jones Newswires
May 12, 2014 23:00 ET (03:00 GMT)
Copyright (c) 2014 Dow Jones & Company, Inc.
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