Mekong exits sauce company Masan
Vietnam-focused private equity investor Mekong Capital has successfully exited its portfolio company Masan Food Corporation, one of the leading sauce makers in Vietnam, for $18.84 million in a negotiated stock transaction.
According to Mekong, the transaction resulted in gross return multiples of 2x and a gross IRR of some 61% on the shares sold by the fund over an 18-month period. The investment was made in 2008 via Mekong's...
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