The government of Australian Prime Minister Tony Abbott will not be giving fruit processor SPC Ardmona Ltd a $25 million grant because its parent company Coca-Cola Amatil Ltd can restructure the firm on its own, Bloomberg reported.
Tags: Australia
Australian travel startup Rezdy pockets $1M in funding round
Sydney, Australia-based online travel booking service Rezdy pocketed $1 million in a recent funding round from both new and existing investors to establish a new office in San Francisco, US.
Australian miner Axiom acquires gold-silver-copper project in Solomon Islands
Queensland, Australia-based mining and exploration firm Axiom Mining acquired the gold-silver and copper-gold mineralization West Guadalcanal Project located in the Solomon Islands for an undisclosed amount.
Japan's Sumitomo agrees on Emerald Agribusiness Group acquisition
Japan-based Sumitomo Corp agreed to acquire Australia-based Emerald Agribusiness Group Pty. The purchase allowed the Japanese trading firm to control the storage facilities and export terminal of Emerald, Bloomberg reported.
Liverpool reportedly in talks to buy £11M stake in Australian football club Melbourne Victory
English football club Liverpool is in talks to acquire an £11-million stake in Australian professional football club Melbourne Victory, according to a report by News.com.au.
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Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.
Google is partnering with LEGO to build an virtual brick-building playground which can be accessed through a computer, smartphone, or tablet, using the new Build with Chrome application.
Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Limerick, Ireland-based environmental software developer AMCS Group closed €23.5 million in a funding round led by Highland Capital Partners Europe (HCPE) for its expansion into Europe, Australia, New Zealand, and the Americas.
Perth, Australia-based gold mining and mineral exploration firm Saracen Mineral Holdings acquired Western Australia's unloved Thunderbox gold mine from Russian giant Norilsk in a deal valued at $20 million.
Australia-based mining firm Heemskirk Consolidated inked a deal with Marquis Alliance Energy Group to sell its mineral plant in Canada for C$12 million as part of its startegy to focus on developing its Moberly facility.
Singapore-Malay asset manager and property investor Aquaint Capital is looking to raise fresh capital to acquire distressed property assets across Australia, according to sources familiar with the matter.
Dubai, United Arab Emirates (UAE)-based oil and gas firm Dragon Oil Plc inked a deal to acquire the 40% stake of Australia-based firm Nido Petroleum Ltd in Service Contract (SC) 63, a petroleum block in Palawan, Philippines.
