LATEST NEWS
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CVC discusses selling stake in snack food business GarudaFood
INDONESIA— Private-equity firm CVC Capital Partners is reportedly in talks to sell its stake in Indonesian snack food business GarudaFood Putri Putri Jaya in a…
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Nestlé East and Horn of Africa region welcomes Arvind Bhandari as new Cluster Head
EASTERN AFRICA – Nestlé, food and beverage manufacturer, has appointed Arvind Bhandari as the new Cluster Head for East and Horn of Africa, which forms…
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Kellogg appoints Gary Pilnick CEO of new North America cereals business
USA— Kellogg has unveiled the executive picks to lead its soon-to-be spun-off North America cereals business— as part of its upcoming split into three standalone…
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Nigerian ecommerce startup SABI partners Vumele to launch its services in South Africa
SOUTH AFRICA – SABI, an early-stage start-up with ambitious plans to aid millions of merchants across Africa, Sabi, has opened an office in Johannesburg, South…
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Private Equity firm Ezdehar Management acquires 60% stake in Egyptian grocery retailer Zahran Market
EGYPT – Zahran Market, Egyptian retail supermarket chain, has agreed to offload 60% its stake to private equity firm Ezdehar Management, to spearhead its future…