Reuters exclusively reported that Vietnam’s Vingroup is considering selling controlling stakes in its medical and education units and planning to raise as much as $1.1 billion in debt as the conglomerate refocuses. Vietnam’s largest listed firm could look for buyers for Vinschool, a private school business, and Vinmec, a chain of private hospitals, sources told Reuters, although the company said it had made no such plans.
Business & Finance
Reuters exclusively reports Vingroup weighs selling school, health units
18 September 2020, 3:52 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Vietnam
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text