LATEST NEWS
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Olam to list food ingredients unit in London after first half profit jump
SINGAPORE – Agricultural commodity trading company Olam has picked London for the initial public offering of its multibillion-pound food ingredients business, as it looks to…
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Ghana adds value to tomatoes with launch of US$16m processing factory
GHANA – Weddi Africa Limited, a wholly owned Ghanaian company has established a US$16 million tomato processing factory in Domfete, Bono Region, with support from…
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European vodka maker Stock Spirits agrees to US$1Bn takeover by CVC-affiliated funds
UK – Vodka maker Stock Spirits Group has agreed to a takeover offer valuing it at £767 million ($1.06 billion) from CVC Capital Partners-affiliated funds. Stock Spirits…
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Meal-kit firm HelloFresh eyes Japanese, Italian markets as Deliveroo heats up food delivery competition in Germany
GERMANY – HelloFresh, a German multinational meal kit company, is planning to enter Japan and Italy by the end of the year, as it looks…
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Coca-Cola HBC eyes entry into Africa’s second largest non-alcoholic ready to drink market Egypt
EGYPT – Coca-Cola HBC, the world’s third-largest Coca-Cola anchor bottler is seeking to acquire a majority stake in Coca-Cola Bottling Company of Egypt (CCBCE) through…