Thai Food Tycoon Buying U.S.'s Bellisio Parent for $1.1 Billion

A company owned by Thailand's richest man, billionaire Dhanin Chearavanont, has agreed to buy the U.S.-based frozen-food company Bellisio Parent for nearly $1.1 billion, the latest move by an acquisitive Thai tycoon looking to branch out beyond the home market.

Banco Santander to Buy Back 50% Stake in its Asset-Management Unit

Banco Santander SA has agreed to buy back the 50% stake in its asset-management unit that it sold to two private-equity firms in 2013.

(END) Dow Jones Newswires

November 17, 2016 05:15 ET (10:15 GMT)

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