Investment firm Deutschman & Co. said its...

Investment firm Deutschman & Co. said its newly formed Green Acquisition Co. offered to acquire Los Angeles apparel maker Cherokee Group for about $166 million in a deal that includes senior managers . . . . . . General Cinema Corp. has increased its stake in Cadbury Schweppes PLC to 18.4% from 17.7% . . . Kao Corp. of America completed the acquisition of Andrews Jergens Co. from American Brands Inc., KCOA President Kenneth E. Wattman said, though no purchase price was given. Jergens, known for its soaps and skin care products, has operations in Burbank . . . Beverly Hills-based MGM Grand Inc., operator of a three-plane luxury airline and owner of two hotel-casinos, made a profit of $900,000 in its first quarter as a publicly traded company.