Vietnam's Masan secures $200 million investment from Bain Capital

Logo of the Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File PhotoHANOI : Vietnamese conglomerate Masan Group has secured funding of at least $200 million from Bain Capital, with the possibility of bringing in other investors to increase that to as much as $500 million, the two entities said on Monday.

Proceeds, according to fast-moving consumer goods firm Masan would be used to strengthen the its financial positions. The investment would be in the form of convertible dividend preference share at a price of 85,000 dong per share which can be converted into ordinary shares at a 1:1 conversion ratio, Masan said in a statement.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Vietnam's Masan says will receive at least $200 million investment from Bain CapitalHANOI : Vietnamese conglomerate Masan Group said on Monday it has secured funding of at least $200 million from Bain Capital in the private investment firm's first investment in Vietnam.Masan is also in discussion with other investors to upsize the investment to up to $500 million, subject to market con
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »