After much contention and push-back from Australian parties opposed to the foreign purchase of Australian agricultural assets, China’s Moon Lake Investments has been granted approval by the Australia’s Foreign Investment Review Board (FIRB) for the acquisition of the country’s oldest and largest dairy operation, Van Diemen’s Land (VDL) for A$280 million (US$202 million), according to Reuters. […]
Private equity firm, Asia Climate Partners, has acquired a stake in Delhi-based cold chain logistics company, ColdEX Logistics Pvt Ltd, according to Deal Street Asia. Under the terms of the transaction, a portion of the stake that Asia Climate Partners buys will enable India Equity Partners, which has been a stakeholder since 2010, to exit the […]
Private equity firm, Asia Climate Partners, has acquired a stake in Delhi-based cold chain logistics company, ColdEX Logistics Pvt Ltd, according to Deal Street Asia. Under the terms of the transaction, a portion of the stake that Asia Climate Partners buys will enable India Equity Partners, which has been a stakeholder since 2010, to exit the […]
Bio agtech firm, Indigo, formerly known as Symbiota, has announced on its website that it has raised $56 million led by Flagship Ventures. The company, which was originally created within Flagship’s in-house incubator, VentureLabs, is working to answer the need of feeding a booming world population of 9.7 billion by 2050 through sustainable methods. Current agricultural […]
Bio agtech firm, Indigo, formerly known as Symbiota, has announced on its website that it has raised $56 million led by Flagship Ventures. The company, which was originally created within Flagship’s in-house incubator, VentureLabs, is working to answer the need of feeding a booming world population of 9.7 billion by 2050 through sustainable methods. Current agricultural […]
Diary co-op giant, Fonterra is raising NZ$150 million (US$100 million) through an offer of March 2023 senior fixed rate bonds to institutional and retail investors prior to a $150 million debt maturity next month, according to interest.co.nz. The proceeds from the offer, which opened February 22 and which will be managed by lead manager, Australia […]
Diary co-op giant, Fonterra is raising NZ$150 million (US$100 million) through an offer of March 2023 senior fixed rate bonds to institutional and retail investors prior to a $150 million debt maturity next month, according to interest.co.nz. The proceeds from the offer, which opened February 22 and which will be managed by lead manager, Australia […]
The incubation unit of India’s ICRISAT agri research institute is planning to launch a Rs 100 cr (US$15 million) fund for agri-startups within the year, according to Live Mint. ICRISAT’s agriculture incubator, the Agribusiness Innovation Platform (AIP), was launched in 2004, incubating 71 startups to date, and committing $13.2 million to ventures focusing on agriculture, […]
The incubation unit of India’s ICRISAT agri research institute is planning to launch a Rs 100 cr (US$15 million) fund for agri-startups within the year, according to Live Mint. ICRISAT’s agriculture incubator, the Agribusiness Innovation Platform (AIP), was launched in 2004, incubating 71 startups to date, and committing $13.2 million to ventures focusing on agriculture, […]
Israel’s Frutarom is expanding its natural ingredients platform with a 50% stake in algae-based biotech start-up, Algalo.
