Access Industries

'Amazon of Asia' Lazada bags $250M to cement e-commerce in Southeast Asia

Lazada, the "Amazon of Asia" has raised USD250 million from Rocket Internet to mainstream the company's position as the largest online retailer in Southeast Asia.

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IDB Development Corp sold 49.9 percent of Clal Industries to Access Ind

Israel's IDB Development Corp sold 49.9 percent out of its 60.5 percent stake in Clal Industries and Investments (CII) to U.S.-based Access Industries for 1.27 billion shekels ($325 million).

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IDB sells 49.9 pct of Clal Industries to Access Ind

Israel's IDB Development Corp agreed to sell 49.9 percent out of its 60.5 percent stake in Clal Industries and Investments (CII) to U.S.-based Access Industries .

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