Deals this week: Flour Mills, Xylitol Canada, BerryKitchen.com
Flour Mills of Nigeria plans to raise approximately N70bn ($193.21m) through a medium-term note offering.
The company simultaneously intends to raise around N40bn ($110.4m) through a rights offering.
The Flour Mills of Nigeria is a flour milling company producing plain, confectionery, soft biscuit, and noodle flour.
Xylitol Canada has agreed to raise up to C$1.5m ($1.19m) in gross proceeds through a non-brokered private placement of up to 12.5 million common shares priced at C$0.12 ($0.09) a share.
The Canada-based company is a consumer packaged goods business with a focus on the assortment of natural sweetener-based products.
BerryKitchen.com plans to raise more than $3m in a Series B funding round.
Based in Indonesia, the company provides online catering services.