Bloomberg MAV Beauty Brands Inc., the personal-care company founded by celebrity hairstylist Marc Anthony Venere, raised C$242 million ($182 million) in its initial public offering, according to people familiar with the sale. The Toronto-based firm priced its shares at C$14 each, the low end of its marketed range of C$14 to C$16, the people said, asking not to be identified …

Bloomberg Fastjet Plc dropped 48 percent in London trading after saying it needs to raise further funds to survive as it runs short of cash and losses mount. A cash balance that stood at $7.5 million on May 24 had shrunk to $3.3 million as of June 18 following spending on aircraft, and Fastjet is struggling to access some loan …

Bloomberg Kenya Airways Plc revived long-shelved plans to expand its network by proposing to buy as many as 10 Boeing Co. 737 Max aircraft as part of a five-year strategy. The move follows three consecutive years of losses caused by a poorly executed expansion strategy and fuel-hedging contracts that saw it miss out on rock-bottom oil prices. The losses forced …