Japanese Banks Eye GE's Local Commercial Finance Operations 

Some of Japan's biggest banks were among bidders for General Electric Co.'s Japanese commercial finance business, which is expected to fetch several billion dollars.

 
Alibaba's Jack Ma, Joe Tsai to Borrow $2 Billion Against Shares 

Chinese e-commerce giant Alibaba's chairman and vice chairman, Jack Ma and Joe Tsai, are planning to borrow more than $2 billion in loans by using their shares in the company as collateral.

 
BASF, Gazprom Renew Abandoned Asset-Swap Plan 

Germany's BASF and Russia's Gazprom will complete an asset-swap deal signed in December 2013 but called off late last year amid mounting political tensions between Russia and the West.

 
GVC Wins Race to Acquire Bwin.Party 

GVC Holdings said it had clinched a deal to buy online gaming firm Bwin.party digital for $1.72 billion, beating rival bidder 888 Holdings to the post.

 
China's HNA Group to Acquire Avolon 

China's HNA Group agreed to buy aircraft lessor Avolon Holdings for about $2.6 billion, outbidding a state-owned suitor and highlighting the country's continuing thirst for new passenger jets.

 
Kraft Heinz Expands Voluntary Recall of Kraft Singles 

Kraft Heinz Co. has expanded a voluntary recall of Kraft Singles cheese slices following two additional choking complaints, the company said Thursday.

(END) Dow Jones Newswires

September 04, 2015 06:12 ET (10:12 GMT)

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