Vietnam Dealbook: Kido sells out snack unit; Singtel interested in MobiFone

Vietnam Dealbook: Kido sells out snack unit; Singtel interested in MobiFone

Vietnam’s food firm Kido Group has sold the remaining stake of 20 per cent in its confectionery unit to Mondelez, which acquired the 80 per cent stake earlier. Meanwhile, Singapore Telecommunications Limited, commonly known as Singtel, is the latest overseas telco to show the intention to buy Vietnam’s major peer MobiFone.

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