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Military Bank gained US$27 million from selling stake in Mcredit to Japanese bank

MB has just announced a completion of selling 49 per cent stake in its consumer finance arm Mcredit Finance Company to Japan’s Shinsei Bank.

Vinachem to sell its entire stake in 15 companies

Under the restructuring scheme, the Vietnam National Chemical Group (Vinachem) will hold less than 50 per cent stake in seven companies and sell all of its stake in 15 other companies.

BNP Paribas divests entire stake from the Orient Commercial Bank

According to Orient Commercial Bank (OCB), BNP Paribas has sold all 74.7 million shares in OCB and is no longer a shareholder.

Revenues from equitization and State divestment exceed the plan thanks to Sabeco

In 2017, the target of revenue from equitization and divestment is VND60 trillion (more than US$2.6 billion) but the sale of shares in Sabeco alone has brought in VND110 trillion (US$4.85 billion).

VNPT to sell 71.5 million Maritime Bank shares at US$0.52 each

Vietnam Posts and Telecommunications Group (VNPT) has registered to auction more than 71.5 million shares of Maritime Commercial Joint Stock Bank (Maritime Bank) in a single-batch sale on Hanoi Stock Exchange (HNX) by January 18, 2018.

Carlsberg takes its preemtive right to become Habeco’s largest stakeholder

The Danish brewery Carlsberg currently holds a 17.3 per cent stake in Habeco, one of Vietnam's biggest brewers based in Hanoi, and has a preemptive right to buy Habeco shares when the government divests its stake in the company.

Hidden cost inhibits merger and acquisition deals just tallying at US$5 billion a year

Providing financial transparency is one of the significant barriers preventing M&A (mergers and acquisitions) in Vietnam from developing as expected.

Vietcombank attained US$15 million from divestment

JSC Bank for Foreign Trade of Vietnam (Vietcombank) has successfully divested its shares from the Saigon Bank For Industry and Trade (Saigonbank) and the Cement Finance Company (CFC) with the total amount of more than VND342 billion (roughly US$15.096 million).

Wave of SOEs Equitization drives up Vietnam stocks

In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.

A foreign investor acquired Vinamilk’ shares at US$8.19 each, paying nearly US$400 million for deal

A foreign investor spent nearly VND9 trillion (roughly US$396.2 million) acquiring the entire 3.33 per cent of Vietnam Dairy Product JSC (Vinamilk)’s stakes, equaling 48.4 million shares from State Capital Investment Corporation (SCIC).