15 Aug, 2025

JAFCO sells Papabubble; Endless to divest Hovis

Deal Wrap is updated as of 3 p.m. ET.

– JAFCO Group Co. Ltd. sold Japanese candy-making experience provider Papabubble Japan HD Inc. to Akatsuki Inc.

– Endless LLP agreed to sell UK baking company Hovis Group Ltd. to Associated British Foods PLC.

– Accel Partners and Lightspeed Ventures LLC participated in a roughly $11.4 million investment for Indian banking firm Shivalik Small Finance Bank Ltd. AZB & Partners was Shivalik's legal adviser.

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