Deals wrap: A deal brewing

June 3, 2011

Molson and Mexico’s Grupo Modelo are exploring a joint bid for Australia’s Foster’s Group, a source says, amid talk further suitors may emerge for the maker of VB and Cascade beer.

Italian fashion house Prada, which is preparing for an IPO of about $2 billion in Hong Kong, says it expects profit to rise as it widens its foothold in Asia. Here are some facts about Prada’s business history and a snapshot of the luxury fashion sector.

Japan Inc’s latest mantra is, with the domestic market shrinking, companies must hurry to make acquisitions abroad. But they should resist the temptation of international M&A adventurism, writes Breakingviews columnist Rob Cox.

The WSJ gives a breakdown of Groupon’s soon-to-be billionaires.

The NYT’s DealBook looks at Groupon’s new metric, “adjusted consolidated segment operating income.”

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