Business & Finance

Market Chatter of Corporate finance

Published Updated

Rupert Murdoch's News Corp is poised to buy Shine Group, the production company founded by his daughter, the Financial Times said.

Chinese company Bright Food did not discuss a bid for a 50 percent stake in French yoghurt company Yoplait at the group level, a Chinese newspaper reported, citing an unnamed senior Bright Food executive.

Toyota Motor Corp is set to expand operations in Russia, partnering with Russian automaker Sollers to help build Toyota-brand cars in the far east of the country as it pushes further into emerging markets, the Nikkei newspaper said.

Copyright Reuters, 2011