** Diageo Plc, the world's biggest spirits group, has taken a controlling stake in China's white spirits company Shuijingfang, investing further in a key market that has shown signs of slowing. The British group said it had acquired a holding company, which would increase its ownership of the Shanghai-listed firm from 21 percent to 39.7 percent in a deal worth 233 million pounds ($358 million).
** Burger chain Wendy's Co said it would sell 425 company-operated restaurants to franchisees. By the end of 2014, Wendy's will own 15 percent of its restaurants, down from 22 percent prior to the sales.
** Starbucks Corp and Danone SA said they will sell a co-branded yogurt through Starbucks cafes and in grocery stores as yogurt makers and food companies battle for market share in the $7 billion U.S. market. Financial terms were not disclosed.
** DuPont is exploring the sale of its once-lucrative performance chemicals unit, turning its back on the unpredictable paint business to focus on its thriving food and agriculture products.
