Investments & Funding
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Ball to build new aluminium manufacturing facilities in UK, Russia as EcoBlue expands footprint in Thailand
EURASIA – World’s leading provider of aluminum packaging for beverage, personal care, and household products Ball Corporation is expanding its manufacturing footprint in the Eurasia…
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Coca-Cola Israel expands into cultured milk production as US unit updates taste of coke zero
ISRAEL – Coca-Cola Israel, formally known as The Central Bottling Company (CBC), is diversifying into cultured milk production with a new strategic partnership with Israeli…
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Walmart-owned Flipkart to invest in grocery, last mile delivery after raising US$3.6B in latest funding round
INDIA — Flipkart, a rapidly expanding e-commerce giant backed by Walmart, has raised US$3.6 billion in the latest funding round led by Canada Pension Plan Investment. …
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Upcycling ingredients maker Comet Bio raises US$22m to expand manufacturing capabilities
UK – Comet Bio, a UK-based upcycled food ingredients maker, has raised US$22 million in a Series C funding round led by Effingham-based private equity management…
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Kenya’s county government mitigates post-harvest losses with launch of fruit processing plant
KENYA – Kitui County in Eastern Kenya has kick-started operations at the newly build Ksh. 20 million (US$185,000) fruit processing plant located at the Kitui…