UPDATE 1-Maersk, Hyundai Merchant Marine alliance talks in doubt
* Joining an alliance was precondition for HMM debt relief (Adds Hyundai Merchant Marine refutation, creditor comment, share move, changes slug, dateline)
MONTEVIDEO Feb 24 British agricultural company Union Group bought the Uruguayan unit of Argentine firm El Tejar for $170 million, a move that will give it control over 67,000 additional hectares (165,560 acres) of land in the small South American country, the company said Monday.
Union Agriculture Group (UAG), the local affiliate of Union Group, will control a total of 170,000 hectares (420,080 acres) in Uruguay after the acquisition, the company said in a statement.
UAG produces soy, wheat and rice, milk and beef.
TOKYO, Dec 9 Japan's Nikkei hit a one-year high on Friday, boosted after Wall Street posted a record close overnight and as the yen weakened against the dollar.
Dec 8 3M Co, the maker of Scotch tape and Post-it notes, said it had entered into agreements to sell its identity management business to Amsterdam-based digital security company Gemalto for $850 million.