VN Dealbook: CII to buy back shares from Goldman Sachs, Binh Son refinery gets new CEO

VN Dealbook: CII to buy back shares from Goldman Sachs, Binh Son refinery gets new CEO

Visual from the Binh Son Refinery and Petrochemical Co Ltd website.

The deal space in Vietnam will see the Ho Chi Minh City Infrastructure Investment Corp purchase as many as 50 million treasury stocks from (converted bonds) the US-based investor Goldman Sachs. In 2011, Goldman Sachs bought $40 million worth of CII’s convertible bonds, which will mature in January 2016. Meanwhile, the Binh Son Refinery and PetroChemical Co Ltd will see changes in its management, with the deputy CEO Tran Ngoc Nguyen becoming the general director.

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