India's Marico acquires PE-backed ICP
Private equity partners Mekong Capital and BankInVest, with their investor backers, have exited their combined 85% stake in Vietnamese FMCG firm International Consumer Products (ICP) to Indian consumer products group Marico Ltd., for an undisclosed amount.
According to Mekong's website, the firm took first invested in ICP in October 2006, when ICP was converted into joint stock form with the Mekong Enterprise Fund II as a strategic partner. In June 2008,...
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