ConsumerMarket

Private Equity Firms Hire Nedbank to Seek Buyer for Kenya-Based Candy Maker Stake

3 months ago

In a strategic move indicative of the growing interest in Africa's consumer market, private equity firms are enlisting the services of Nedbank to identify buyers for a stake in one of Kenya's prominent confectionery companies. This development is part of a broader trend where private equity firms are increasingly recognizing the potential of African businesses in the global market.

LG Plans $15 Billion Valuation for India Unit IPO Amid Growing Market Demand

4 months ago

LG Electronics, the South Korean multinational conglomerate, is reportedly preparing for a significant initial public offering (IPO) of its Indian subsidiary that could value the unit at up to $15 billion. This strategic move highlights LG's commitment to expanding its operations in one of the world's fastest-growing consumer markets. With the IPO, LG aims to capitalize on the burgeoning demand for electronic goods in India, where the market has shown remarkable resilience and growth potential.

Yamada Drops $10 Cashback Promotion Amid Rising Interest Rates

4 months ago

In a surprising turn of events, Yamada, a prominent player in the consumer market, has officially canceled its much-anticipated $10 cashback promotion, originally set to entice customers amid growing economic uncertainties. The decision, announced on December 3, 2024, comes in the wake of escalating interest rates that have cast a shadow over the promotional campaign.