M&As, Funding & Investments

Facility will be converted into a value-added processing plant focused initially on meat products.

The deal grants exclusive brand licensing rights in Mainland China as General Mills continues restructuring its global Häagen-Dazs retail operations.

The Ministry of Agriculture opposed the deal, citing concerns related to food security.

Tiger Brands is divesting the Beacon brand and chocolate manufacturing assets as part of a broader strategy to simplify operations and focus on higher-margin growth segments.

The expansion focuses on integrating port services with industrial capacity to meet the rising demand for regional distribution.