Mekong secures final exit from Vietnam's Mobile World
Mekong Capital has ended its more than 10-year association with Vietnamese mobile phone retailer Mobile World, completing the last of multiple partial exits to secure an overall return on its investment of 57x.
The private equity firm originally committed $3.5 million for a 35% stake in Mobile World in 2007. The three-year-old company had seven stores. Growth was driven by two main factors: mobile phone subscribers...
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