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M&As, Funding & Investments
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Carlsberg explores India IPO as revenues cross US$113.8M in FY24
Carlsberg begins talks with global investment banks to explore an IPO of its Indian operations after record-breaking revenue growth.
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Tata Consumer Products targets premium tea segment to boost growth, regain market leadership
Tata Consumer Products plans to premiumize its tea portfolio to enhance margins, drive value, and reclaim leadership in India’s tea market.
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ABARTA Coca-Cola breaks ground on US$100M US facility
ABARTA Coca-Cola launches construction of its new Lebanon County hub as Coca-Cola names Sazerac its new Fresca Mixed partner.
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Haigh’s Chocolates opens US$120M production hub in South Australia
With the new hub, the company is expected to increase production from 1,100 to 2,000 tonnes per year, allowing the business to meet growing consumer demand.
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Canada backs US$32.5M project to turn fava beans into sustainable plant-based ingredients
Using proprietary technology that avoids both heat and chemicals, Phytokana will process new varieties of fava beans into protein concentrate, starch flour, and fava flour.