Vietnam Digest: Dam Nai Wind Power, Pymepharco in M&A news

Photo: Bloomberg

SN Power AS is set to acquire Vietnam’s Dam Nai Wind Power JSC from Singapore’s Armstrong Asset Management. In a separate development, the Netherlands-based STADA Service Holdings B.V is looking to buy Vietnam’s pharma firm Pymepharco JSC.

SN Power AS acquires Dam Nai Wind Power

Norway-headquartered SN Power AS has signed a binding agreement to acquire Dam Nai Wind Power JSC in Vietnam from Mekong Wind Pte Ltd, which is fully owned by Singapore-based Armstrong South East Asia Clean Energy Fund, according to an announcement.

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