Todays' latest stories, ensuring our readers up to date with any breaking news developments.
Pilgrim's Pride forms special committee to review meatpacker JBS buyout bid
Pilgrim's Pride Corp said on Friday its board has formed a special committee ?of independent directors to evaluate majority shareholder ?JBS's unsolicited bid to acquire the remaining shares of the US poultry producer.
EU antitrust regulators to decide on UniCredit's Commerzbank deal by November 16
Italian bank UniCredit has ?sought EU antitrust approval for ?its takeover of German peer Commerzbank , with regulators setting a November ?16 deadline for their ?decision, according to a European ?Commission filing on Friday.
Carlyle drops out of race for Lukoil international assets
US private equity firm Carlyle Group said on Friday it was no longer actively pursuing ?a deal to acquire international assets of ?Russia's second-largest oil producer Lukoil , a spokesman for the firm said.
Ireland's DCC Energy to sell tech unit Nexora for $725 million ahead of KKR buyout
Energy distributor DCC Energy said on Friday it would ?sell its technology division, Nexora, ?to private equity firm One Equity Partners for a total enterprise value ?of $725 million, on a ?cash- and debt-free basis.
India's Aditya Birla unit seeks $1.5 billion in rupee loans to buy Shell arm Solenergi, bankers say
India's Aditya Birla Renewables is seeking $1.5 billion in rupee-denominated loans to fund the acquisition of Shell Plc's Indian ?renewable energy arm and avoid a costlier bridge debt, three ?bankers aware of the discussions said.
Coca-Cola looks to sell Costa Coffee, Semafor reports
Coca-Cola is seeking to unwind its $5 ?billion acquisition of British coffeehouse Costa ?Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing ?people familiar with the matter.
Starbucks declines comment on Chipotle takeover report, says laser focused on turnaround
Starbucks on Thursday declined to comment on a report that it had explored a takeover of ?Chipotle Mexican Grill , saying it was "laser focused" on its turnaround under CEO Brian Niccol.
AkzoNobel, Axalta set to win EU antitrust nod for $25 billion deal, sources say
Dulux paint maker AkzoNobel and US peer ?Axalta Coating Systems are set to win EU ?antitrust approval for their $25 billion merger with a pledge to sell AkzoNobel's vehicle refinish business to address competition concerns, people familiar ?with the matter said.
Viatris bets on non-opioid pain drugs with $1.65 billion Pacira deal
Drugmaker Viatris said on Thursday it would buy Pacira BioSciences for $1.65 billion in cash, adding two non-opioid pain treatments to its portfolio as it looks to build out higher-value branded medicines beyond its core generics business.
Devon sheds Eagle Ford assets for $4.2 billion to deepen Permian bet
Devon Energy will sell its Eagle Ford assets to Crescent Energy for $4.2 billion, trimming its portfolio to sharpen focus on its core operations in the Permian Basin following the $58 billion merger with Coterra Energy.
Banca Generali shares rise on report Generali may bid
Shares in Banca Generali rose on Thursday, making it one of the top performers on the Milan bourse, after ?Italian media reported that parent Generali could be preparing ?a takeover bid for the private bank.
Kingspan hit with €40 million EU fine for misleading data on Slovenian deal
Irish building materials maker ?Kingspan was fined €40 million ($44.7 million) for providing incorrect and ?misleading information during an investigation into its abandoned acquisition of a Slovenian rival, EU antitrust regulators said on Thursday.
Italy's Banca Monte dei Paschi was dealt fresh blows on Thursday to its takeover bids for Banco BPM and Banca Generali , after key shareholder Caltagirone opposed both deals and ?Credit Agricole said it would not tender its Banco shares.
Britain's BBC, Channel 4 discuss broader tie-up to cut costs, sources say
Britain's BBC and Channel 4 have held preliminary talks with the government about a broader tie-up of some operations, ?two people with direct knowledge of the discussions said, in a potential shake-up of the country's public broadcasters.
Elliott and Siris explore $2 billion-plus Gigamon sale, sources say
Elliott Investment Management and Siris are exploring a sale of Gigamon that could value ?the infrastructure software provider at more than $2 billion, according ?to people familiar with the matter.
UK's Aberdeen halves Standard Life stake
Aberdeen has sold ?52 million shares in insurer Standard Life , halving ?its stake to about 5.2%, as the British asset manager pushes ahead with efforts to simplify its structure.
Canada's Weston family to buy UK's Boots in $8.9 billion deal
The Canadian branch of the Weston family agreed on Wednesday ?to buy Britain's Boots from Sycamore Partners and the Pessina family in an $8.9 billion deal, pledging to invest in the retailer's stores and online and expand healthcare services.
Rosatom takes full control of Delo to create Russia's biggest logistics group
Russia's state nuclear company Rosatom took full control of logistics group Delo in a deal ?announced on Wednesday, saying it plans to create the ?country's largest network of rail, road and port terminals.
Apollo submits non-binding bid for German energy firm Uniper, sources say
Apollo Global Management has submitted a non-binding offer ?for German state-owned energy firm Uniper , two people with direct knowledge of the matter said, joining the auction for one of Germany's largest utilities.
UK's Headlam to delist after it collapses into administration
Britain's Headlam on Wednesday said it intends to cancel its London listing and sell certain parts ?of its business, after weak demand and ?rising material and energy costs pushed the flooring distributor into administration.