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KKR, Temasek consortium invests 15.1t dong in Vietnam's Vinhomes
The consortium's equity stake in the integrated real estate developer is about 6%
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Fiona Lam
Published Tue, Jun 16, 2020 · 09:50 PM
Singapore
A CONSORTIUM led by US private equity giant KKR has acquired a minority stake in Vinhomes for a total consideration of 15.1 trillion Vietnamese dong (S$904.3 million).
The consortium, which includes Singapore state investor Temasek Holdings, on Tuesday completed the deal; this translates to an equity stake of about 6 per cent in the integrated real estate developer, which is listed on the Ho Chi Minh City Stock Exchange.
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