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Alaska Air nearing settlement with US on Virgin agreement

  Bloomberg Alaska Air Group Inc. is close to reaching a settlement with U.S. antitrust officials that will allow it to complete its proposed acquisition of Virgin America Inc., according to people familiar with the matter. The settlement with the Justice Department’s antitrust division should be announced by the end of November, said one of the people. The people declined ...

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Swire inches towards deal for $1bn Coke bottling assets

  Bloomberg Hong Kong conglomerate Swire Pacific Ltd. is nearing the acquisition of Coca-Cola bottling assets in China from a unit of state-owned food giant Cofco Corp., people with knowledge of the matter said. Swire is close to an agreement to purchase stakes in Coca-Cola bottlers from Cofco’s China Foods Ltd. subsidiary, the people said, asking not to be identified ...

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Tesco curbs discounter growth as revival speeds up

  Bloomberg Market leader Tesco Plc continued to lead a counterattack by Britain’s supermarkets last month as German discounters Aldi and Lidl recorded the slowest sales growth since 2011. Tesco’s sales rose 2.2 percent in the 12 weeks ended November 6, researcher Kantar Worldpanel said. The growth was the fastest in three years and sent the shares up as much ...

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