Singapore’s Black River acquires 5% stake in ANI
date:Aug 26, 2019
a total price of P682.1 million (11.9 mln)

The US-based asset management company in 2013 held an investment of as much as 30.92 percent in ANI. Blackriver, a food-focused fund, is used to be owned by Cargill, the worlds largest agriculture company. Black River in 2011 prior to the transaction also bought a 28.11-percent stake in ANI.

ANI, an agricultural exporter, continues to boost its business, hitching a ride with the growing economy. ANI booked a consolidated attributable net income of P3
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