By Nguyen Thi Bich Ngoc
That makes VinaCapital and Dragon Capital the largest buyers in this financing.
Foreign institutional investors hold a combined 22.34 per cent stake in the bank.
Divestments could drive the M&A value in 2017 up to $6.5 billion.
Promising teams will have opportunities to get as much as $200,000 follow-on funding.
Petrolimex inks a pact to become a strategic shareholder of the oil refining company
Cooky.vn is ESP Capital’s fifth investment so far. It aims to seal a total of 10 deals in 2017.
Heineken NV, Anheuser-Busch InBev NV and Japan’s Asahi have shown interest in Sabeco.
Vietnam-based asset manager VinaCapital has invested $11 million for a stake in listed toll road and real estate developer Tasco JSC via a private placement. Through the Vietnam Opportunity Fund (VOF), VinaCapital participated in the company’s $23-million private placement of 21 per cent post-investment shares and became a major shareholder,… Read more »
Mobile World has set aside a budget of $110 million for M&A activity in 2017
Its last year offer of 9 per cent stake failed to lure buyers.