WORLD NEWS
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California Dairies launches sustainability initiative as Carma Chocolate’s sustainability profile hits 100%
US – California Dairies, Inc. (CDI) a leading farmer-owned dairy cooperative in California has formally launched an initiative aimed at measuring, validating, and further improving sustainable business practices. Under the…
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FAO Food Price Index falls for the first time in 12 months
GLOBAL – The FAO Food Price Index (FFPI) which is a measure of the monthly change in international prices of a basket of food commodities…
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Royal Unibrew expands into energy drinks category with acquisition of French brand Crazy Tiger
FRANCE – Royal Unibrew, a Denmark-based beverage company, has expanded into the energy drinks category with the acquisition of MC Energy, the owner of the…
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Apollo to buy 67% stake in Italian packaging firm Reno De Medici for US$430m
ITALY – Apollo Global Management, a US-based investment fund, has agreed to acquire a 67% ownership stake in Reno De Medici (RDM) from its two principal shareholders, Cascades and Caisse…
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Indian animal protein startup Licious raises US$192m to fund future growth plans
INDIA – Licious, a direct-to-consumer fresh meat and seafood brand, has raised US$192 million in a Series F funding round led by Singapore-based investment firm Temasek and PE firm Multiples. …