China's Bright Food wants to buy Australian conglomerate CSR's sugar business - including the NZ Sugar Company, owner of the Chelsea brand and Birkenhead refinery.

Auckland International Airport says it is spending $166m on a 24.55pc stake in the company that owns two airports in Queensland.

Sick of surprises, Bloomberg News columnist Matthew Lynn offers a few more wild guesses for the business world in 2010.

American companies are paying the biggest premiums on record in takeovers.

Natural healthcare company Comvita has completed a heads of agreement for a $6 million deal with Derma Sciences.

ANZ is keeping tight-lipped on whether it will make a tilt for a wealth management business.

Hanover owners Mark Hotchin and Eric Watson copped more stick as investors narrowly voted to approve a share rescue deal.

Hanover investors asked heated questions of company directors at a meeting to discuss the $400 million deal put up by Allied Farmers.

The Government is passing a law so that the new Auckland Super City council doesn't need to initiate a takeover bid for AIAL.

"When's your next bloody party in Fiji," one angry investor asked Hanover director Mark Hotchin during heated scenes yesterday.