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Ssangyong had set Tuesday as the deadline for a binding offer for the company.
The owners, the private equity firm PAI Partners and the dairy cooperative Sodiaal, announced that General Mills had made a binding offer for the half of Yoplait owned by PAI.
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On Friday it emerged that Time Warner has submitted a non-binding offer for the Deal or No Deal maker, joining Silvio Berlusconi's Mediaset, an Endemol shareholder, which is attempting to make a move with private equity group Clessidra.
Gazprom, the only prospective bidder, failed this month to make a binding offer for Depa, the state natural-gas supplier.
In deal news, British regulators are giving Kraft Foods until Nov. 9 to make a binding offer for candy maker Cadbury or the American company will have to step away for six months.
British regulators are giving Kraft Foods until Nov. 9 to make a binding offer for candy maker Cadbury or the American company will have to step away for six months.
One of the largest privately held companies in the world, Cargill said it made a binding offer for Provimi, which specializes in nutrition and supplements for farm animals, for 1.5 billion euros.
One of the largest privately held companies in the world, Cargill said it made a binding offer for Provimi, which specializes in nutrition and supplements for farm animals, for 1.5 billion euros to add vitamin mixtures and additives to its existing animal nutrition business.
French insurance group AXA said Friday it has received a binding offer for its reinsurance business from a private-equity consortium led by Stone Point Capital.
Greece's privatization agency, Taiped, confirmed Monday that there had been "no binding offers" for Depa.
According to a report in Italian paper La Repubblica RTL, the pan-European broadcaster and parent company of X Factor co-producer FremantleMedia, has submitted a non-binding offer for Endemol.
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