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Confectionary maker KIDO delays new product launches over Covid-19
The launch of new products of a joint venture involving Vietnamese confectionery maker KIDO Group will be deferred to Q3.
Grab set to announce deal with US SPAC at $40 billion valuation: sources
Grab Holdings is set to announce as early as Tuesday a merger with U.S.-based Altimeter that will value Grab at nearly $40 billion and lead to a public listing.
PGBank pulls plug on merger plans after 2nd debacle
After calling off its merger with HDBank, lender PGBank does not plan to look for other partners and will remain independent, its chairman, Nguyen Quang Dinh, has said.
March 31, 2021 | 11:27 am GMT+7
No more M&A deals for Vinamilk: chairwoman
After approving a merger of subsidiaries, dairy giant Vinamilk said it will not engage in any merger and acquisition deal for the next 5-10 years.
March 20, 2021 | 09:30 am GMT+7
PG Bank merger plans collapse… again
The proposed merger between PG Bank and HDBank is set to be called off, making it the former’s third failed merger bid in the last six years.
March 16, 2021 | 02:00 pm GMT+7
Covid-19 cuts Vietnam’s M&A value by half
The value of mergers and acquisitions in Vietnam is estimated to have fallen by around 49 percent year-on-year to $3.5 billion over Covid-19 impacts.
November 25, 2020 | 03:15 pm GMT+7
Merge soon or else: Petrolimex threatens PGBank with capital withdrawal
State-owned petroleum distributor Petrolimex has threatened to pull its capital from subsidiary PGBank if it did not merge with private HDBank before August 31.
June 27, 2020 | 09:00 am GMT+7
Masan chairman opens up on Vincommerce merger
Masan’s acquisition of a majority stake in Vingroup’s minimart chain was a “big step” to break into consumer retail, the group’s chairman says.
January 24, 2020 | 09:35 pm GMT+7
What Vingroup and Masan hope to acquire from their retail merger
Vingroup wants to focus energies on its core sectors, technology and production; the Vinmart network fits right into Masan’s consumer retail expansion plans.
December 04, 2019 | 08:29 pm GMT+7
Foreign investors continue to offload Masan Group stock
There has been a sell-off in Masan Group shares by foreign investors after it announced a merger with Vingroup on Tuesday.
December 04, 2019 | 08:25 pm GMT+7
Mixed movements for Masan, Vingroup shares after merger news
Masan Group shares fell while those of its subsidiary skyrocketed after private conglomerate Vingroup announced a retail merger deal between the companies.
December 03, 2019 | 03:58 pm GMT+7
Vingroup, Masan strike merger deal on Vietnam's largest retail chains
Vingroup and Masan have agreed to merge their units and form a new retail company which will be operated by the latter.
December 03, 2019 | 03:07 pm GMT+7
E-wallet firms tussle for bigger slice of the pie
Recent mergers and acquisitions in Vietnam’s fintech industry indicate a strategic fight for e-wallet market share.
June 19, 2019 | 08:13 pm GMT+7
IBM buys software company Red Hat for $34bn in bid for cloud dominance
IBM said Sunday it has reached a deal to buy open source software company Red Hat for $34 billion, among the biggest tech mergers in history.
October 29, 2018 | 08:22 am GMT+7
Foreign investors take M&A route into Vietnam
Mergers and acquisitions are becoming a favorite investment mode for foreign investors as reflected by the surge in transactions this year.
July 31, 2018 | 10:40 am GMT+7
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