Sources exclusively revealed to Reuters that Vietnam’s largest conglomerate, Vingroup (VIC.HM), is in discussions to sell a stake in its shopping mall arm as it seeks to bring in strategic investors.
Deals
Vietnam’s Vincom Retail in stake sale talks with strategic investors
29 March 2023, 3:20 pm 1 minute
Market Impact
Vincom Retail (VRE.HM), Vietnam’s biggest shopping mall operator, which is nearly 60% controlled by Vingroup, commands a market value of $2.8 billion.
Article Tags
Topics of Interest: Deals
Type: Reuters Best
Sectors: Business & FinanceRetail & Consumer Goods
Regions: Asia
Countries: Vietnam
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
