Mekong, CDH complete partial exit from Vietnam’s Mobile World
Mekong Capital and CDH Investments have completed partial exits from Vietnamese mobile phone retailer Mobile World through a pre-IPO private placement. Mekong’s portion of the sale represents a 21.8x return on an investment made in 2007.
The Vietnam-focused GP sold 5.65 million shares, or a 9% stake, at VND85,000 apiece for a total consideration of VND480.2 billion ($22.8 million). The price, plus dividends received, represents a 21.8x...
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