China’s agri-company buys 25% stake in Ausnutria Dairy Corp. for US$250m

ASIA - CITIC Agri Fund Management Co Ltd, the private equity arm of CITIC Securities Company Limited has acquired a 25.18% stake in an investment holding firm, Ausnutria Dairy Corp. for US$250million to become the company’s largest shareholder. In a filing to the stock exchange reported by Reuters, Ausnutria said that CITIC Group Corp Ltd,…