HEINEKEN SELLS MEXICAN CAN MAKER TO CROWN

Heineken has agreed to sell its Mexican packaging business to Crown Holdings for $1.23 billion in cash, allowing the Dutch brewer to tighten its focus on beer.

CHINA SEEKS EXPLANATION FROM MICROSOFT

A Chinese antimonopoly agency said Microsoft should issue a written explanation within 20 days covering what it called compatibility and bundling issues with the U.S. software company's Windows and Office software.

CAIXABANK TO BUY BARCLAYS RETAIL BANKING IN SPAIN

Caixabank has agreed to buy Barclays' retail banking division in Spain as the British bank scales back its presence in less-profitable markets.

HONG KONG AIRLINES TO SEEK DUAL-CURRENCY LISTING

Hong Kong Airlines will apply for listing approval from the Hong Kong Stock Exchange for a $500 million initial public offering that would be the city's first dual-currency IPO.

CHINA AUTO RENTAL PLANS TO TAKE ORDERS FOR IPO

China Auto Rental plans to take orders from investors Friday for its $500 million initial public offering in Hong Kong ahead of listing in the city in September, people familiar with the situation said Monday.

ALIBABA PLANS U.S. IPO LAUNCH WEEK OF SEPT. 8

Chinese e-commerce giant Alibaba Group Holding plans to launch its U.S. IPO early in the week of Sept. 8, as the company aims to complete its monthslong dialogue with U.S. regulators, a person familiar with the deal said.

DUBAI'S EMAAR TO LAUNCH MALLS BUSINESS IPO

Emaar Properties, Dubai's flagship real-estate developer, said it plans to launch the initial public offering of its profitable malls business in September, which would likely be the largest share sale in the United Arab Emirates since it was hit by the financial crisis in 2008.