Vietnam: Buyout firm PHI Group to acquire major stake in agribusiness HMC

Vietnam: Buyout firm PHI Group to acquire major stake in agribusiness HMC

US-based private equity investment firm PHI Group will be buying a minimum of 51 per cent interest in northern Vietnam-based agriculture company Hoang Minh Chau Hung Yen LLC (HMC) in a cash and stock transaction, the former said in an announcement.

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