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Friday 22 November 2024
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TPG again looking to sell its stake in Strauss Coffee

US investment fund TPG is making a new attempt to sell its stake in Strauss Coffee. The fund yesterday reported, "The process of considering possibilities for selling the shares in Strauss Coffee has ...

Olam International acquires remaining 50 percent stake in Acacia Investments

Olam International Limited (Olam), a leading agri-business operating across the value chain in 70 countries, announced on Wednesday that it has acquired the remaining 50.0% interest in ...

Tesco announces buyout of Harris + Hoole coffee chain

MILAN - Tesco, UK's largest grocer, announced yesterday the acquisition of full ownership of artisan-style coffee chain Harris + Hoole. The retailer, which had owned 49 percent of the coffee chain it helped set up in 2012.

State to retain 51% stake in Vinacafe

HANOI, Vietnam - The Viet Nam National Coffee Corporation (Vinacafe) will be equitised in 2017, following a directive of the government on restructuring the...

INDIA – IPO could value Cafe Coffee Day at $1 billion

Cafe Coffee Day, India’s leading coffee chain, is set for a market debut that could value at estimated almost $1 billion. The company aims to...

FUTURES MARKETS – ICE announces pricing for placement of residual Euronext stake

ATLANTA & NEW YORK – Intercontinental Exchange Inc. announced on December 08, 2014, the pricing of the placement of 4.2 million shares in Euronext...

INDUSTRY NEWS – Tata Global Beverages’ UK subsidiary acquires 100% equity stake in Bronski Eleven Pty Ltd, Australia

Tata Global Beverages’ UK subsidiary has acquired a 100% stake in the equity capital of Bronski Eleven Pty Ltd, Australia, engaged in coffee business...

GLOBAL NEWS – Consortium led by Singapore’s Temasek offers $2.1 billion for remaining Olam shares

SINGAPORE – According to sources, a consortium led by Singapore’s state investment firm Temasek Holdings Pte. Ltd said it will put up 2.53 billion...

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