Vinamilk completes 5.4% sale to F&N, sees no other bids

Vinamilk completes 5.4% sale to F&N, sees no other bids

Photo: Pixabay

Thai-owned Fraser&Neave (F&N) said Monday that it had completed the purchase of 5.4 per cent in  Vinamilk for almost $500 million, which aligns with the Vietnamese dairy product company earlier tenders for additional shares in it.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter