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M&As, Funding & Investments
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Asyad orders two more MR tankers for US$103.6M
The order is part of Asyad Shipping’s fleet renewal program, which targets new investments of US$2.3 billion to US$2.7 billion through 2029.
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Baiada opens new poultry processing plant in Australia
The new facility can process 1.5 million chickens weekly, with a future processing line set to increase approved capacity to 3 million birds.
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L’IMAD secures over 98.5% ownership of AD Ports Group
The offer represented a 23% premium over AD Ports Group’s August 14, 2026, closing price of US$1.39 (AED 5.10).
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HCCB to invest US$117.5M in new Andhra Pradesh beverage plants
The investment will add manufacturing capacity in Vizianagaram and Chittoor, with new bottling lines supplying Coca-Cola beverages across several southern Indian markets.
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Coca-Cola HBC receives conditional approval to acquire CCBA in South Africa
The Tax Appeals Tribunal ruled that Coca-Cola introduced its input VAT claim after the six-month statutory window had closed.