Aboitiz sells Gold Coin Feed Mills, exits Sri Lanka market
Aboitiz Equity Ventures Inc. has exited the Sri Lankan market with the sale by its subsidiary Pilmico International Pte. Ltd. of its stake in Gold Coin Feed Mills (Lanka) Ltd. Pilmico purchased a controlling stake in Gold Coin, Asia's largest privately owned agribusiness company, in July 2018 for US334 million.