1. SCIC sold 78.4 million Vinamilk shares, or 5.4 percent of Vinamilk’s charter capital, to F&N Bev Manufacturing in a deal worth VND11.3 trillion ($500 million).
vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, Vietnam net news, Vietnam latest news, Vietnam breaking news, vn news, M&A, clean energy, real estate
SCIC offered to sell 130.6 million Vinamilk shares, or 9 percent of stakes of the nation’s largest dairy producer. Only two foreign institutions, F&N Dairy Investment and F&N Bev Manufacturing, registered to buy the shares and only 5.4 percent of stakes were sold.
After the transaction, F&N raised its ownership ratio in Vinamilk to 16.5 percent.
2. MobiFone spent VND9 trillion to buy 95 percent of AVG in a deal worth VND9 trillion ($400 million) in January. The deal is part of the telecom giant’s plant to develop television services, one of its four strategic business fields (mobile services, retail, multimedia and TV).
3. Big C changed hands after a $1.1 billion deal. The seller, French Casino transferred its stakes in Big C to Thai Central Group in a plan on financial restructuring.
Central Group obtained Big C after defeating the other big candidates, namely South Korean Lotte, Thai TCC Holding, Hong Kong’s Dairy Farm, Vietnamese Massan and Saigon Co-op.
Central Group obtained Big C after defeating the other big candidates, namely South Korean Lotte, Thai TCC Holding, Hong Kong’s Dairy Farm, Vietnamese Massan and Saigon Co-op.
4. A complicated affair was made by Hoang Anh Gia Lai Group in February-April.
In February, Hoang Anh Gia Lai Agrico (HNG) announced it issued 59 million shares to two strategic shareholders. With the price of VND28,000 per share, HNG collected VND1.652 trillion. The buyers were An Thinh Rubber and Cuong Thinh Rubber.
Ten days later, HNG spent VND1.65 trillion, the amount of money it got from the share issuance, to buy Indochina Rubber from Cuong Thinh and An Thinh.
5. Metro Vietnam was transferred to Thai TCC Holdings which accepted to pay $879 million. With the deal, TCC has taken over all Metro Vietnam’s branches and material facilities, including 19 distribution centers and real estate.
6. Keangnam Landmark 72, the tallest twin tower in Vietnam, has a new owner. Mirae Asset Securities and AON BGN have bought the tower at $350 million.
7. ANA Holdings bought 107,668,938 stakes of Vietnam Airlines, or 8.771 percent of chartered capital of the nation’s flag air carrier in a deal worth $109 million. The share price was equal to the IPO price in November 2014, at VND22,307 per share.
8. About 11 million Vissan shares were transferred to Anco at the price of $64 million.
Three investors registered to attend the share auction, including CJ Group, a big player from South Korea.
9. Duc Viet, the sausage manufacturer, sold 99.99 percent of stakes to Daesang Corp, valued at $32 million.
10.Quoc Cuong Gia Lai took over a shopping mall in Da Nang initially developed by Hoang Anh Gia Lai. The value of the deal was $40 million.