KKR shows its conviction in Masan
KKR has doubled down on the Vietnam consumer story. Following a $159 million commitment to Masan Consumer Corp. (Masan) in April 2011, the largest investment in the country from a private equity fund, KKR broke its own record last week by injecting a further $200 million into the same company.
To put the size of the PE firm's bet in perspective, the second-biggest investment in Vietnam's consumer and retail space came in 1998, when UK strategic player Tate & Lyle, International Finance Corporation...
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