Investments, M&A & Funding
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Tingo Group grants US$6.5m to boost rice and wheat cultivation in Nigeria
NIGERIA –Tingo Group, a global Fintech and Agri-Fintech group of companies has provided a US$6.5 million loan facility to the All-Farmers Association of Nigeria (“AFAN”)…
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Jana Partners files lawsuit against Freshpet over breached fiduciary responsibilities
USA- Activist investor Jana Partners’s fire on New Jersey-based Freshpet intensifies as it files a lawsuit alleging the pet-food company breached its fiduciary duties. The…
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Cargill to divest China poultry unit to private equity firm DCP Capital
CHINA- Global agribusiness and commodities trading giant Cargill recently announced that it is selling its poultry business in China to private equity firm DCP Capital,…
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Brazil’s BRF draws share pledges from Saudi Arabia’s Salic and Marfrig
BRAZIL-Saudi Agricultural and Livestock Investment Co. (SALIC) and Marfrig have each committed to purchasing 250 million shares in any “future primary” share offering by Brazilian…
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PepsiCo South Africa’s subsidiary Pioneer Foods takes full ownership of Futurelife Health
SOUTH AFRICA – Pioneer Foods, a subsidiary of PepsiCo South Africa has acquired the remaining half of Futurelife Health, eight years after buying its initial…