M&As, Funding & Investments
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Nigerian FSDH Merchant Bank receives US$25m trade finance facility from AfDB
NIGERIA – FSDH Merchant Bank of Nigeria has received a US$25m trade finance facility from the African Development Bank Group (AfDB) to spur over US$200m…
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Orkla Food Ingredients to acquire majority stake in US-based Denali Ingredients
NORWAY- Orkla Food Ingredients (OFI) has entered into an agreement to purchase 84% of the shares in Denali Ingredients, a leading ice cream ingredients company…
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Heineken to cut 60% of fossil gas consumption by 2023, introduces improved version of Green Grip carboard multipack can topper
SPAIN – Heineken’s US$19.7m project that will result in a self-consumption scheme enabling it to reduce fossil gas consumption by over 60% has officially kicked…
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Danone North America to reformulate its portfolio in a bid to improve nutritional content
US – Danone North America is set to overhaul the formulations of more than 70% of its plant-based drinks to improve the nutrient density across…
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Cormart Nigeria, Big Dutchman to commence local production of sandwich panels for poultry farms
NIGERIA – Cormart Nigeria Ltd., one of the leading chemical and food raw materials companies in Nigeria and a member of TGI Group, has forged…