Finance
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JAB Holding to raise $5bn fund to invest in petcare
The German conglomerate JAB Holding company plans to invest $5 billion to expand transactions in petcare sector. The holding company…
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Investcorp acquires seven UK industrial assets for £32.6 million
The leading global provider and manager of alternative investment products, Investcorp, announced that it has successfully completed the acquisition of…
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ADQ plans to list Abu Dhabi Ports on Abu Dhabi Securities Exchange
One of the largest holding companies in middle east ADQ, has announced its plans to list Abu Dhabi Ports on…
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Paypal launches cryptocurrency service in United Kingdom
Paypal has announced that it has launched its new service to buy, hold and sell cryptocurrency in United Kingdom .…
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BlackRock to invest $400M in mubadala Capital
The investment company BlackRock to invest $400M in mubadala Capital, the asset management subsidiary of Mubadala Investment Company (Mubadala). The…
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Fintech Startup Nextpay announces seed funding of $1.6 million
The Fintech digital platform Nextpay announced a increase of $1.6 million in seed funding round Singapore-based venture capitalist Golden Gate…
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SK Innovation to split its battery and petroleum divisions into two new entities
The battery cell manufacturer SK Innovation to split its battery and petroleum divisions into two new entities to improve its…
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PepsiCo to sell its juice brands to PAI Partners for $3.3 billion
The soft drink manufacturer PepsiCo has announced to sell its juice brands to PAI Partners for $3.3 billion. The Juice…
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SSE agrees to sell its stake in Scotia Gas Networks for £1.225 billion
The energy company SSE has agreed to sell its stake in gas distribution operator Scotia Gas Networks Ltd for £1.225…
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Square plans to acquire Australia’s Afterpay for $29 billion
The American financial services Square plans to acquire all of the issued shares in Australia’s Afterpay for $29 billion. The…
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