Amethis takes minority stake in Kenyan supermarket chain Naivas

Amethis, an Africa-focused investment fund manager, and its partners have bought a minority stake in Kenyan supermarket chain Naivas Group. The other investors joining the France-based Amethis in the acquisition were DEG, MCB Equity Fund and World Bank Group member IFC. The financial details of the transaction were not disclosed. Founded in 1990 by the […]

Boston Omaha acquires rural broadband provider AireBeam Communications

Boston Omaha Corporation has acquired AireBeam Communications, a rural broadband fiber and fixed wireless internet service provider, to foray into the telecommunications services business. Financial terms of the deal were not disclosed. Until the acquisition, Boston Omaha, which is a public holding company, has majority-owned businesses engaged in outdoor advertising and surety insurance. AireBeam Communications […]

FDA approves Opdivo + Yervoy for HCC previously treated with sorafenib

Bristol Myers Squibb has secured approval for the combination of Opdivo (nivolumab) 1 mg/kg and Yervoy (ipilimumab) 3 mg/kg from the US Food and Drug Administration (FDA) for the treatment of hepatocellular carcinoma (HCC) in patients who were previously treated with sorafenib. Approval for the indication has been issued under accelerated approval on the basis […]

Jacob Leinenkugel launches seltzer beer brand Leinenkugel’s Spritzen

Jacob Leinenkugel Brewing Company, a US craft brewery, has launched a new trio of seltzer beers under the name Leinenkugel’s Spritzen, which is available across the country. Leinenkugel’s Spritzen marks the first new release across the US for the Jacob Leinenkugel Brewing Company in three years. The craft beer is available in three flavors – […]

PepsiCo to acquire Rockstar Energy Beverages for $3.85bn

PepsiCo acquisition of Rockstar Energy Beverages : PepsiCo has signed a $3.85 billion deal to acquire Las Vegas-based energy drink maker Rockstar Energy Beverages in a move to expand its footprint in the fast-growing energy category. Founded in 2001, Rockstar Energy Beverages produces beverages that target people who lead active lifestyles from athletes to rock […]

Belcampo Meat opens new restaurant in San Mateo, California

Belcampo Meat has opened a new restaurant at 4 Hillsdale Mall in San Mateo, California, which will offer keto-friendly, gluten-free and dairy-free menu items. The new restaurant is located at the Hillsdale Shopping Center. It offers menu items such as a whole pasture-raised chicken dinner, signature cocktails, and items from Belcampo Meat’s restaurants in Bay […]

Aon to acquire Willis Towers Watson in $30bn all-stock deal

Aon acquisition of Willis Towers Watson : Aon has signed an all-stock deal worth around $30 billion to acquire Willis Towers Watson in what will be one of the biggest insurance acquisitions ever. The Aon, Willis Towers Watson merger is set to create the largest insurance broker in the world with an implied combined equity […]

Tinubu Square acquires surety underwriting automation platform eSURETY

Tinubu Square acquisition of eSURETY : France-based Tinubu Square, which provides enterprise software solutions to credit and surety insurers, has acquired US-based premier surety underwriting automation platform eSURETY for an undisclosed price. eSURETY marks the first corporate acquisition in the US for Tinubu Square and is said to fully integrate the two firms’ expertise in the […]

Hub International acquires Harris, Madden, Powell, Stallings & Brown

Global insurance brokerage Hub International has acquired the assets of Harris, Madden, Powell, Stallings & Brown (HMP), a commercial, surety, employee benefits and personal lines agency in Memphis, Tennessee, for an undisclosed price. HMP said to bring a unique industry focus on construction,  manufacturing, distribution, and healthcare, and also alternative risk solutions, which will strengthen […]

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