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Tag: investment
Refinancing, New Investment for Smithfield Foods
2015-04-09 02:00:00| ThePigSite - Industry News
US - Construction has begun on a new Smithfield Foods plant in Wisconsin as the company has announced it has refinanced its $1.025-billion credit line.
Tags: investment
foods
refinancing
smithfield
Giant Eagle CEO on why local investment matters to business owners
2015-04-09 01:18:59| Grocery - Topix.net
Giant Eagle Inc. CEO Laura Karet said her company's strength depends on its communities.
Tags: business
local
owners
investment
Real estate agent platform Placester secures $15M investment
2015-04-07 22:52:40| Real Estate - Topix.net
The start-up closed a $15 million financing round, bringing the total investment in the company to $22 million and paving the way for new growth in the firm. Placester is a marketing platform that uses technology and design to assist in the home buying process.
Tags: real
estate
agent
real estate
Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low
2015-04-06 11:55:34| Green Car Congress
Vimpelcom shareholder sets up telecom investment fund
2015-04-06 09:46:00| Telecompaper Headlines
(Telecompaper) Russian billionaire Mikhail Fridman is setting up a new investment fund for acquire telecoms and technology businesses in Europe and the US. London-based LetterOne Technology (L1Technology) is a type of private equity fund that will also hold Firdman's 48 percent stake in Vimpelcom and 13 percent in Turkcell. The new company's board will include Lastminute.com co-founder Brent Hoberman, Irish telecoms entrepreneur Denis O'Brien, Osama Bedier, a former Google payments executive, former Skype executive Russ Shaw and Sir Julian Horn-Smith, one of the founding management team at Vodafone. CEO Alexey Reznikovich told the Financial Times that he believed that the "old fashioned" telecoms industry needed a root-and-branch overhaul to make money for investors. He said the group had no debt on its balance sheet, which meant that leverage could be used to increase available funds to USD 25 billion. Reznikovich said the company was aiming to acquire businesses in areas ranging from traditional telecoms groups that needed help or new capital, to internet companies such as those making apps and streaming services that could be used by its global mobile operations.
Tags: sets
investment
fund
telecom
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