Sherwin-Williams wins U.S. antitrust approval to buy Valspar: FTC
WASHINGTON Paint-maker Sherwin-Williams has won U.S. antitrust approval to buy U.S. rival Valspar Corp , the Federal Trade Commission said on Friday.
Newmont Mining Corp (NEM.N) the biggest gold miner in the United States, has joined the race for Glencore Xstrata's (GLEN.L) copper mining project in Peru, the Financial Times reported in its Tuesday edition.
Newmont's Chief Executive Gary Goldberg told the Financial Times that Glencore's Las Bambas mine was "an interesting prospect".
"The thing that is interesting is that it is further down the development path, it is closer to production," Goldberg told the newspaper.
"Clearly we wouldn't do that on our own. We would look at doing something with other partners," he was quoted as saying.
A spokesman for Newmont Mining said the company does not comment on rumors.
Glencore agreed to sell Las Bambas earlier this year to meet demands from China's antitrust authorities after its takeover of mining group Xstrata. The regulator feared the tie-up handed the newly formed commodities powerhouse too much clout in copper.
(Reporting by Karen Rebelo in Bangalore; Editing by Ken Wills)
MUNICH German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday.
Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.