IN BRIEF (Page 17)

JP Morgan buys Cazenove

JPMorgan Chase & Co is beefing up in Europe by buying the half of Cazenove it does not already own in a deal valuing the 190-year old UK stockbroker at 2 billion pounds ($3.36 billion). JP Morgan Cazenove will become a wholly owned part of JP Morgan and its UK investment banking operations will continue to operate as JP Morgan Cazenove, the US investment bank said yesterday.

Pinnacle bids for Birds Eye