GIC said to have picked stake in Vietnam’s Masan; KKR exits in $209m deal

A bull statue stands at the Hanoi Stock Exchange (HNX) in Hanoi, Vietnam, on Monday, Sept. 10, 2018. Photographer: Maika Elan/Bloomberg

GIC Pte, the Singapore sovereign wealth fund, is making another bet on Vietnam by purchasing a stake in local conglomerate Masan Group Corp., people with knowledge of the matter said.

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