DealZone

DealZone Daily

October 30, 2009

That big, candy-coated M&A bellwether, Kraft-Cadbury, remains at the forefront of many dealmakers’ thinking. Brad Dorfman examines how the clock will really start ticking on a deal to create the world’s biggest confectioner once Kraft (KFT.N) reports earnings next week. Meanwhile, a clutch of other companies are making more upbeat noises about M&A, to wit:

* Juniper Networks Inc’s (JNPR.N) chief executive says the network equipment maker is open to acquisitions, although in-house research and partnerships remain its priorities.

* Macquarie Group Ltd (MQG.AX), Australia’s largest investment bank, has grown its surplus capital by almost half to a hefty A$4.5 billion ($4.1 billion), giving it muscle to hunt for assets overseas.

* And in Canada, Teck Resources (TCKb.TO) doesn’t plan to sell any more assets to pay down debt taken on last year to finance its takeover of Fording, and may start considering acquisitions, the company’s CEO says.

For all the latest deals news from Reuters, click here.

Elsewhere:

Forbes magazine offers up cut-out Halloween masks of Bernie Madoff, Glenn Beck and others.

And the WSJ crunches the numbers on the planned transatlantic tie-up between law firms Lovells and Hogan & Hartson.

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