Mizuho to Take $500 Million Stake in BlackRock

Mizuho Financial Group (MFG), Japan’s third-largest bank, will take a $500 million stake in asset manager BlackRock Inc. (BLK)

Mizuho will buy a total of 3.07 million shares of BlackRock for $163 a share, Bloomberg News said. The purchases will give M…

Danone in Talks to Sell Bottled Water Business

Groupe Danone SA (DANOY) is in talks with Japanese companies to sell its bottled water business, including the iconic Evian brand, in a deal worth as much as $7 billion.

Danone is in talks with companies including Kirin Holdings (KNBWY), The Wall Street Journal said without naming its sources. Other potential buyers include Suntory Holdings and Asahi Breweries (ASBRY).

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Continue reading Danone in Talks to Sell Bottled Water Business

Danone in Talks to Sell Bottled Water Business originally appeared on DailyFinance on Tue, 09 Nov 2010 08:05:00.

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