Singapore

SGX-listed Olam’s agriculture unit secures $745m loan from UAE banks

Olam Group earlier planned to sell a 35% stake in Olam Agri for $1.24 billion.

ShopUp’s latest round was backed by Valar Ventures and Flourish Ventures.

Panthera expects to fully close the fund by end-2022.

Three Arrows failed to make the required payments on a loan of 15,250 BTC and $350 million USDC, said Voyager.

Media reports indicated that an IPO would value the wireless carrier at A$8-12 billion.

The proposed investment will be used to purchase wheat, maize and soya for delivery to customers

The transaction is expected to close in H2 2022

The move will see the Brussels-listed group deepen its network in emerging Asia.

“Most VCs attract diverse talent at the junior level, but not in the higher ranks.”

The week saw ShopBack, Dailybox Group, Rainforest, Stashfin, RPG Commerce and OnPoint announce new funding.