IFC considers $90.6m investment in Vietnamese animal feed firm Mavin

IFC considers $90.6m investment in Vietnamese animal feed firm Mavin

International Finance Corporation (IFC), a member of the World Bank Group, is mulling a $90.6-million investment in Vietnamese animal feed and farming company Mavin Group.

The proposed investment will include $52 million in redeemable convertible dividend preference shares issued to IFC, and $38.6 million of internal cash generation, according to the IFC disclosure.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter