ANI buys into payment unit of DFNN via share-swap deal

Agrinurture Inc. (ANI), the agribusiness arm of businessman Antonio Tiu, said it has signed a deal with a unit of DFNN Inc., for the acquisition of shares in one of its financial platforms via a share-swap transaction. In its disclosure to the Philippine Stock Exchange, ANI said it is acquiring 51 percent of Pay8 Inc.’s…

Details

DFNN incorporates acquisition unit

GAMING COMPANY DFNN, Inc. is incorporating a new subsidiary that will function as a holding firm for future acquisitions. In a disclosure to the stock exchange yesterday, the listed firm said its board of directors had approved forming a company with an authorized capital stock of P100 million and a subscription of P25 million. The…

Details