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Philippine firm RFM acquires Royal brand from Unilever in $47.8M deal

Philippine-based food and beverage manufacturer RFM Corp bought the Royal brand and pasta business from UK-based firm Unilever Group in a deal valued at approximately $47.8 million (PHP2.1 billion).


Super Group Ltd is the best takeover target in Asia for companies keen to grab a slice of t the ast-growing instant coffee market in Asia- report

Beverage companies who want to get a piece of the pie in the fast-growing instant coffee market in Asia will find that the best firm for a takeover would be Super Group Ltd, Bloomberg reported.

You can now pay your taxes to IRS with Bitcoins - report

Paying online purchases with Bitcoin is not something new but paying taxes using the digital currency is and SnapCard is the startup that makes that possible, according to Forbes Contributor Ben Kepes.

New York storytelling platform Contently pockets $9M in Series B funding

New York, US-based storytelling platform Contently raised $9 million in a Series B funding to expand its advertising enterprise tools and ensure that its journalists are equipped with important publishing tools.


Latest News

OTI Greentech Group, a Switzerland-based cleantech engineering company, said it secured CHF 1.8 million or €1.5 million to mark the first close of its second round of expansion funding.
Gentium investors sued the company's board and Jazz Pharmaceuticals in an attempt to stop the acquisition of Gentium, claiming that the tender offer was flawed, Bloomberg reported.
Yahoo Chief Operating Officer (COO) Henrique De Castro is leaving the company tomorrow, January 16, according to a regulatory filing, but the exact reason for the departure is unclear.
Ontario, Canada-based academic research startup Sciencescape closed $2.5 million in a recent funding round to make the process of going through mountains of research sources easier.
Boston, US-based secretive startup ClearSky Data raised $12 million in a funding round led by General Catalyst and Highland Capital Partners, according to a report published by Boston.com.
Blackboard Inc, an enterprise technology company owned by private equity firm Providence Equity Partners, has bought MyEdu, a platform that helps students finish college and look for jobs.
New York-based investment firm Sandell Asset Management has again pressured FirstGroup, the owner of Greyhound bus, to split the company and revamp its operations, Bloomberg reported.
The private equity arm of London-based banking firm Standard Chartered picked up a 13% stake in Botswana-based supermarket chain Choppies Enterprises in a deal valued at $6 million.
The Vietnamese government plans to exit its stakes in 11 state-owned companies under the transport ministry via stock market listings to boost economic productivity and growth.
VimpelCom Ltd, one of the largest integrated telecommunications service operators around the world, announced the extension of its strategic partnership with Oslo, Norway-based Opera Software,
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