South Korea's SK Group buys 16.3% stake in Vietnamese retailer VinCommerce for $410m

South Korea's SK Group buys 16.3% stake in Vietnamese retailer VinCommerce for $410m

The South Korean conglomerate SK Group has acquired a 16.26% stake in the Vietnamese retail chain VinCommerce for a consideration of $410 million, according to an announcement. The transaction values the retailer at $2.5 billion.

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