M&As, Funding & Investments
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LuLu Group launches 3rd store in Egypt, 200th globally as part of its expansion plan
EGYPT – LuLu Group, the fastest growing retailer in the MENA region has opened its 3rd outlet in Egypt located at Park Mall in the…
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Mondelēz invests US$20.5M to expand capacity of Cadbury manufacturing facility in UK
UK – American multinational confectionary company Mondelēz International has announced plans to invest £15 million (US$20.5 million) into its UK-based Bournville site, dubbed the “heart…
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Ethiopia opens mega edible oil processing factory worth US$113.7m to meet domestic demand
ETHIOPIA – Ethiopia has inaugurated the new PhiBela Edible Oil Factory worth Birr 4.5 billion (US$113.7m) in the Amhara regional state built by the multi-sectoral…
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World’s largest brewer AB-In Bev reaffirms commitment to US economy with new US$1bn investment
US – Anheuser-Busch, a wholly owned subsidiary of Belgium multinational drink and brewing company Anheuser-Busch InBev, has announced an investment of more than US$1 billion…
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Crown to build new US$145m new aluminium beverage can plant in US
US – Leading us manufacturer of metal packaging for the food industry Crown Holdings Inc. has announced that it will build a new aluminium beverage…