Magic Add Oy has raised $0.25m in funding for product development and establishing a global network of suppliers and customers.
Based in Finland, Magic Add Oy is a smart packaging company offering services in advertising, logistics, and process optimisation.
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Shandong Chenming Paper Holdings has announced plans to raise capital for its bleached sulfate chemical wood pulp project, as well as capital injection in a leasing firm.
The Chinese packaging manufacturer has agreed to issue 1.062 million shares through private placement for gross proceeds of CNY8bn ($1.23bn).
NBTY plans to raise $1.07bn through private placement of five-year senior notes to repay its outstanding senior notes, which are due in 2017 and 2018.
The funding will also be used to finance the company’s borrowings under existing senior-secured credit facilities.
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By GlobalDataBased in the US, NBTY is a manufacturer and distributer of vitamins and nutritional supplements.
Image: Shandong Chenming Paper Holdings Limited will raise CNY8bn ($1.23bn) through private placement for its business operations. Photo:courtesy of HornM201 / Wikipedia.
