VinaCapital picks up stake in Vietnamese animal feed firm Nova Consumer

VinaCapital picks up stake in Vietnamese animal feed firm Nova Consumer

Vietnam-based asset manager VinaCapital has completed a private equity investment in animal feed and farm products company Nova Consumer Group, the former said in a statement on Monday.

While VinaCapital did not disclose financial details, Nova Consumer said in a separate announcement that British Virgin Islands-domiciled Foremost Worldwide Limited had subscribed to nearly 12.8 million shares, or a 10.66% interest. The transaction was completed on April 6.

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