Saturday 15 December 2018
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inquirer - 5 month ago

AEV acquires 75% of Singapore-based animal feeds producer

Conglomerate Aboitiz Equity Ventures (AEV) has signed a $334-million deal to acquire a 75-percent stake in Singapore-based animal feeds manufacturer Gold Coin Management Holdings Ltd. The acquisition of Gold Coin ---a major producer of animal feeds and operator of 20 livestock and aqua feed mills across 11 countries in Asia---is the largest investment made by AEV s Pilmico International in Asia Pacific to date. Pilmico signed a share purchase agreement with British Virgin Islands-registered Golden S

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