Tyson Completes Tender for Hillshire

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Tyson Foods has completed its tender offer for Hillshire Brands, paving way for the completion of the meat industry's biggest-ever deal later Thursday, the companies said.

Vivendi Favors Telefónica for GVT

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Vivendi said it had entered exclusive talks with Telefonica to sell its Brazilian unit GVT, after the Spanish telecom giant bested a rival proposal from Telecom Italia.

Abercrombie to Remove Logos From Most Clothing

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Abercrombie & Fitch will cease putting its logo on its clothing sold in North America by the spring of 2015, the teen retailer said, responding to customers who have been avoiding such identifiers.

Qantas Carves Out Long-Haul Unit

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Qantas Airways laid the groundwork for a deep-pocketed foreign investor to take a stake in its international business after booking a record loss.

Virgin Australia Posts Deep Loss

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Virgin Australia sold a stake in its frequent-flier business to U.S. private-equity firm Affinity Equity Parners after the airline posted a deep annual loss.

Big Seed Makers Unlikely to Cut Prices

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Major seed companies don't plan to cut prices for the next growing season, despite sliding corn and soybean prices that are expected to dent U.S. farmers' incomes.

Pernod Ricard Confirms Jobs Cuts

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Pernod Ricard confirmed it will cut around 900 jobs globally, having posted a drop in full-year profits as it continues to fight a sharp decline in sales in China.

Dollar General Still Wants a Deal

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Its CEO said the company remains committed to trying to buy Family Dollar, calling antitrust concerns "very manageable."

J&J Seeks Buyer for Cordis Unit

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Johnson & Johnson plans to seek a buyer for a business that makes medical devices including stents and catheters, said people familiar with the matter.

Will Kia Ever Escape Hyundai's Big Shadow?

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South Korea's Kia Motors has become one of the world's most successful auto brands some 16 years after it was rescued from bankruptcy by Hyundai. Now it faces a new challenge: stepping out of its sibling's shadow.

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