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Deals - Asia Headlines

Oreo maker Mondelez to sell Vegemite brand to Bega Cheese

Mondelez International Inc said on Wednesday it will sell most of its grocery business in Australia and New Zealand, including the popular Vegemite food spread brand, to Bega Cheese Ltd for A$460 million ($345.28 million).

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New Zealand's Xero chairman resigns after accepting Trump position

WELLINGTON New Zealand accounting software firm Xero Ltd said on Thursday that its chairman, Chris Liddell, would resign after accepting a position as an assistant to U.S. president-elect Donald Trump.