Warburg Pincus-backed Vincom Retail seals $709m Vietnam IPO
Warburg Pincus has secured its first partial exit in Southeast Asia after Vietnam-based shopping mall operator Vincom Retail raised VND16.1 trillion ($709 million) in its IPO.
The company sold 396.5 million shares at VND40,600 apiece, representing the top end of the indicative range, according to a source familiar with the situation. It values Vincom Retail at VND77.2 trillion....
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