Hershey, Campbell Soup to Buy Fellow Snack Brands

Leading snack businesses Hershey and Campbell Soup are buying two of their smaller competitors in all-cash deals that will grow their brand cupboards.

 
Penn National Buys Rival Casino for $1.87 Billion

Casino operator Penn National Gaming Inc., said Monday it will buy Pinnacle Entertainment Inc. in a cash and stock deal worth roughly $1.87 billion.

 
China's HNA Group Seeking Sale of $6 Billion in Overseas Property

One of China's biggest deal makers is looking to sell a large portfolio of commercial properties in New York, London and other major cities in a sharp reversal of its buying spree in recent years.

 
EU to Investigate IKEA's Dutch Tax Arrangements

Swedish furniture retailer IKEA Group could be forced to pay back millions of euros in alleged unpaid taxes to the Netherlands, following an investigation opened Monday by the European Union.

 
Toyota Plays Catch-Up With Plans for More Than 10 EV Models

Toyota, which has lagged behind rivals in rolling out fully electric vehicles, issued the first detailed outline of its strategy, saying it planned more than 10 models world-wide by the early 2020s.

 
Carmakers Try to Cajole Consumers Into Caring About Air-Bag Recall

The biggest automotive recall in U.S. history is under way-of faulty air bags-and auto makers are required to take unprecedented steps to reach customers.

 
Tencent Teams Up With JD.com to Take on Alibaba

In an escalating battle between China's dominant internet giants, Tencent has teamed up with JD.com, Alibaba's main e-commerce competitor, to buy a stake in the No. 3 online retail player.

 
Vietnam Sells Majority Stake in Brewer for $4.8 Billion, Toasting Deals to Come

Vietnam's government is selling more than half of its stake in the country's largest beer maker to a Thai billionaire for $4.8 billion, paving the way for more multibillion-dollar deals in its state-run companies.

 
CSX Chief's Death Prompts Tough Questions About Move to Hire Him

CSX Corp. hired the renowned railroad turnaround artist Hunter Harrison in March with much fanfare. Now, with Mr. Harrison's death, that decision has backfired.

 
Humana and PE Firms in Talks to Buy Kindred Healthcare

Humana is in advanced talks to join with two private-equity firms in a deal to acquire home-care provider Kindred Healthcare, a move that would add to a cascade of transactions aiming to bring together insurance operations with other health-care businesses.

(END) Dow Jones Newswires

December 18, 2017 09:15 ET (14:15 GMT)

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