Cadbury-owner Mondelez strikes a £200 million deal to acquire Grenade
The transaction would provide a remarkable return for Grenade’s majority shareholder, Lion Capital. The deal is cited as Mondelez’s most significant takeover in the United Kingd....
Anti-food-waste apps record millions of sign ups from across the globe
The last few years have reportedly witnessed an explosion in the launch of anti-food-waste apps and other creative ways for tackling the issue of food waste by linking restaurants, supermarkets, indiv....
Canada & Germany ink new energy partnership with emphasis on hydrogen
The government of Canada has inked a new, comprehensive energy partnership deal with the government of Germany to set up a formal collaboration across a wide array of shared energy priorities, includi....
First soft plastic food wrapper from recycled material unveiled in AUS
A coalition of partners comprising Nestle, Licella, Taghleef Industries, LyondellBasell, Amcor, CurbCycle, REDcycle, Viva Energy Australia, and iQ Renew have reportedly developed Australia’s fir....
Tesla lobbies the UK government to raise taxes on diesel & petrol cars
California-based electric vehicle and clean energy company, Tesla, has reportedly lobbied the government of UK to raise taxes on diesel and petrol cars so as to finance bigger subsidies for electric v....
Deliveroo looking to secure £1Bn from London stock market flotation
London-based food delivery firm, Deliveroo, has reportedly looking to raise a sum of over £1 billion from its stock market flotation on the London stock exchange. The IPO (initial public offeri....
Our Food signs MoU worth USD 200 million with Telangana Government
In a bid to establish more than 20,000 micro food processing facilities, Our Food Pvt. Ltd., a 3Lines’ Fund I portfolio enterprise, has reportedly signed a USD 200 million memorandum of understa....
Japan-Australia JV to produce hydrogen from dirty coal in world-first trial
The project, valued over USD 390 million, focuses on showing that liquified hydrogen can be commercially produced and exported overseas safely An Australian-Japanese joint venture is reportedly c....
NTPC to commission largest floating solar power plant of India by May
The biggest floating solar plant of India is reportedly being developed in Ramagundam, Telangana and is expected to be commissioned by May 2021. It would be one of the solar plants being developed by ....