THAILAND > Sweden’s Tetra Pak to invest $25.36Mn for new closures production facility in Thailand

Tetra_Pak.svg Sweden’s Tetra Pak to invest $25.36Mn for new closures production facility in Rayong province of Thailand. Tetra Pak will be building new plant for producing closures for carton packaging creating 60 jobs. The facility will open in early 2018 and will have capacity to produce more than 3 billion closures annually.   About Tetra Pak Tetra Pak is a multinational food packaging and processing More …

USA > Japan’s SoftBank Group to acquire Fortress Investment for $3.3Bn

Softbank_mobile_logo.svg Japan based SoftBank Group to acquire Fortress Investment Group for $3.3 billion. The all-cash deal will help Fortress shareholders receive $8.08 per share when the transaction is closed. Financial advisers for SoftBank was JP Morgan Securities whereas Morgan Stanley & Co advised Fortress Investment Group.   About Fortress InvestmentFortress Investment Group is an investment management firm based in New York City. As of June 30, 2016, More …

USA > Germany’s KACO to expand its production facility in North Carolina investing $8.4Mn

KACO_new_energy_logo.svg Germany based manufacturing company KACO is set to expand its production facility in North Carolina investing $8.4Mn. The expansion will help create 100 new jobs in the next three years. KACO expansion plan in North Carolina will help them get a performance-based grant of $100,000 from the One North Carolina Fund for helping create jobs.   About KACO new energy KACO More …

SOUTH AFRICA > Coca-Cola to acquire 54.5% stake in Coca-Cola Beverages Africa from AB InBev for $3.15 Bn

the_coca-cola_company_logo-svg USA based Coca-Cola and Belgium based Anheuser-Busch InBev (AB InBev) have come into agreement in $3.15bn deal for 54.5% stake in Coca-Cola Beverages Africa(CCBA). In the deal Coke has agreed to buy 54.5% stake of AB InBev in CCBA. Coke had formed CCBA with SABMiller and Sabco (South African owners of bottler Coca-Cola) in 2014. They had a clause to More …

INDIA > Chinese smartphone maker Oppo to invest $216Mn in India

oppo China based smartphone maker Oppo to invest $216Mn for an industrial park in Greater Noida, India. The park is will also house a manufacturing unit in it. Oppo’s decision to invest in India comes after flock of other Chinese smartphone makers start production of their phones in India.  Oppo’s planned park will spread over 1000 acers of land.   About More …

USA > SoftBank to Invest $1.2 billion in OneWeb’s Stake

softbank-logo Japan based SoftBank will invest $1.2 billion into OneWeb giving SoftBank Group around 40% stake in the internet startup. In series A funding, OneWeb had raised $500 million from Airbus, Qualcomm, Virgin, Boeing, Bharti, Hughes, Intelsat, MDA and Coca Cola. SoftBank and OneWeb said the new capital will support the construction of a manufacturing facility in Exploration Park, Florida. Also the investment is expected More …

NETHERLANDS >Google Opens New $626.58 mm Data Center in Netherlands Creating 200 Jobs

googlelogo_color_284x96dp Google has opened new €600MN ($626.58 MN) Data Center in Netherlands. The Data Centre is located in Eemshaven, Groningen and runs fully on renewable energy. The facility uses water from household waste and cold air for cooling. With the opening of the Centre, Google will create 200 new jobs. It is also expected to help the community by teaching kids More …

ETHIOPIA > Marching Upward – Attracting More FDI – Ethiopia

ethiopia Slowly yet steadily, Ethiopia has marched on to become the third largest recipient of Foreign Direct Investment (FDI) in Africa following Nigeria and South Africa. Ethiopia had always been on the minds of emerging market investors from countries such as Turkey, China, India, Malaysia and Indonesia. Traditionally, agriculture had been the major sector as investors saw value in Ethiopia to More …