Boston, US-based alcohol delivery mobile app Drizly pocketed $2.25 million in a seed funding round led by Atlas Ventures to expand its liquor delivery services beyond New York City.
Hospitality/Food
Philippine retail chain Robinsons acquires Jaynith's Supermarket
Philippine-based multi-chain retailer Robinsons Retail Holdings Inc agreed to acquire three-store supermarket chain Jaynith's Supermarket for an undisclosed amount to further boost its retail network.
Coca-Cola Co says stolen laptops from HQ contained personal information of 74,000 employees
The laptops that were stolen from Coca-Cola's headquarters in Atlanta held personal information like names and Social Security numbers of up to 74,000 people, a report from The Wall Street Journal said.
Japanese restaurant in Pittsburgh accepts Bitcoin
A Japanese restaurant in Bloomfield, Pittsburgh is already accepting the digital currency Bitcoin to pay for Omakase or "chef's tasting menu," a report on Pittsburgh Post-Gazette said.
Jhunjhunwala's Rare Enterprises picks up stake in Indian liquor firm Radico Khaitan
Rare Enterprises, the company of ace investor Rakesh Jhunjhunwala, picked up 6.85 lakh shares of India-based liquor firm Radico Khaitan via open market in a deal valued at INR11.50 crore.
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Oregon, US-based vending machine technology firm VendScreen Inc has bagged $17.8 million in a funding round led by existing investors Merrickhanna Ventures and 3X5 Special Opportunity Fund.
Bristol, UK-based frozen yogurt seller AngelBerry turned to crowdfunding to raise at least £150,000 via Crowdcube to fund its plan to expand to 100 stores worldwide by 2016.
With a recovery in the IPO market propelling private equity backers to exit their investments, lenders are readying to list more UK retailers on the London bourse, the Financial Times reported.
Arkansas, US-based meat processing company Tyson Foods acquired the assets of Warren, Michigan-based pizzeria Bosco's Pizza Co for an undisclosed sum, as part of its plan to expand its domestic food business.
US-based global private investment firm Starwood Capital Group has acquired UK-based hotel owner and operator Four Pillars Hotels through an unnamed affiliated fund for an undisclosed amount.
Private equity firm Leopard Capital is an opportunistic investor that prefers to invest in frontier markets in Asia where it can be competitive in giving long-term capital, co-founder Ken Stevens tells Forbes contributor Jon Springer in an interview.
Miller's Ale House, a chain of restaurants owned by private equity firm Roark Capital Group, has withdrawn from a deal to build a restaurant in Pittsburgh's SouthSide Works Complex, the Pittsburgh Post-Gazette reported.
The US Federal Trade Commission has given its approval to the purchase of Harris Teeter by Kroger Co, according to a statement from both supermarket chains, Reuters reported.
Anheuser-Busch InBev is looking to repurchase Oriental Brewery Co from private equity companies KKR & Co and Affinity Equity Partners Ltd, according to sources interviewed by Bloomberg.
