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Private equity group Peninsula makes a binding offer for 23% of Illy Group

MILAN – According to sources, private equity firm Peninsula Capital has made a binding offer to buy 23% of Illy Group, the...

Coffee trade subdued in Vietnam ahead of the Lunar New Year holiday

MILAN – Vietnam’s coffee growers completed harvest operations for the 2019/20 crop as of January 15, according to the medi...

Nayuki and 36Kr release 2019 New-style Tea Beverage Consumption Whitepaper

SHENZHEN, China – Nayuki, a leading tea-drink brand, and 36Kr, a Chinese news and data website, jointly released 2019 New-...

Olam announces a re-organisation of its business to unlock long-term value

SINGAPORE – Global food and agri-business Olam International (“Olam”, the “Company” or “the Group”) today announced that b...

Luckin Coffee announces closing of the issuance of an additional 1.35 million ADSs

BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK), has announced the closing of the issu...

Brazil’s coffee production for CY 2020/21 seen below the record crop of 2018

MILAN – Brazil ’s coffee production for CY 2020/21 is expected to rise significantly from 2019/20, but it will probably fa...

Cepea says possible low supply in Brazil in 2020 may keep prices firm

SAO PAULO – The next coffee season (2020/21) in Brazil is likely to have a big volume, according to players surveyed by Ce...

Luckin Coffee announces completion of public offering of American depositary shares

BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) yesterday announced the completion of the public of...

Ibge sees 2020/21 crop in Brazil at 56.4 mln, Conab to release its estimate on Thursday

MILAN – In its first preliminary projection for crop year 2020/21, the Brazilian Institute of Geography and Statistics (Ib...

Luckin Coffee announces pricing of US$400 mil convertible senior notes

BEIJING, China — Luckin Coffee Inc. has announced the pricing of its previously announced offering (the “Notes Offering”) ...