KKR boosts Masan Consumer stake with $200m investment
KKR has more than doubled its investment in Vietnam’s Masan Consumer Corp. (Masan), committing $200 million on top of the $159 million it paid for a 10% stake in the company two years ago. It is the largest ever private equity investment in Vietnam, breaking the record KKR set with the first Masan deal.
KKR increased its equity stake through the purchase of a combination of primary and secondary shares. Masan will use the proceeds to support its consumer sector expansion plans, including lateral acquisitions,...
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