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.
MOSCOW Russia's top oil producer Rosneft (ROSN.MM) has agreed to buy gas assets from diamond miner Alrosa (ALRS.MM) for $1.4 billion, in a drive to expand its natural gas business, Rosneft said on Friday.
Rosneft also said the acquisition of Alrosa assets in the Yamalo-Nenets Autonomous Region and in the Republic of Sakha would increase its recoverable gas reserves by more than 200 billion cubic metres (bcm).
Led by Igor Sechin, Rosneft has ambitions to become Russia's second-largest gas producer with output of 100 bcm of gas a year by 2020, up from about 13 bcm last year, compared with dominant gas producer Gazprom's (GAZP.MM) 479 bcm.
(Reporting by Vladimir Soldatkin, Editing by Alessandra Prentice)
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.