DS Smith has agreed to raise approximately £1bn ($1.3bn) in a rights offering of shares.

The company has engaged Citigroup Global Markets, Goldman Sachs International and JP Morgan Securities as joint underwriters for the transaction.

HeatGenie has raised $6m in a venture funding round led by ARTIS Labs. The funding round saw the participation of investors such as Almanac Investments.

Based in the US, HeatGenie is engaged in the development of self-heating packaging technology for heating food and beverages.

Aleris International has announced plans to raise $400m through the private placement of senior secured notes due 2023.

Based in the US, Aleris is a wholly-owned subsidiary of Aleris Corporation and manufactures aluminium-rolled products.

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Packhelp has secured €2m ($2.4m) in a seed round funding led by venture capital firms Speedinvest, PROfounders Capital Partners and Market One Capital.

Based in Poland, Packhelp is engaged in the design and manufacturing of packaging products.

“Sulapac has collaborated with Fazer to research and develop plastic-free, biodegradable packaging solutions for foods.”

Speedinvest, PROfounders Capital Partners and Market One Capital are based in Australia, UK and Poland respectively.

Kraft Heinz plans to raise $1.1bn through a public offering of senior notes maturing on 30 January 2029.

The notes will have a fixed coupon rate of 4.625% a year, with interest payable semi-annually in arrears on 30 January and 30 July of each year until maturity.

The company also plans to raise $1.6bn by issuing notes due 2023 and $300m by notes due 2021.

Based in the US, Kraft Heinz is a consumer packaged food and beverage company.

The company has engaged Barclays Capital, JP Morgan Securities, Merrill Lynch, Pierce, Fenner & Smith, Citigroup Global Markets, Goldman Sachs & Co, Morgan Stanley & Co, and Wells Fargo Securities as book-runners for the transaction, while Rabo Securities USA and Standard Chartered Bank were engaged as co-managers.

Sulapac has collaborated with Fazer to research and develop plastic-free, biodegradable packaging solutions for foods.

Based in Finland, Sulapac is a developer of fully-biodegradable packaging materials and microplastics-free solutions.

The transaction is in accordance with Fazer’s strategy to apply new technologies and minimise plastic usage. The company proposes to unveil a confectionery gift box using a Sulapac solution for December 2018.