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Consortium led by Singapore's GIC to invest US$203.24m in Vingroup medical unit

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Published Mon, Dec 28, 2020 · 10:55 AM

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[HANOI] A consortium led by Singapore's state investor GIC has agreed with Vietnam's largest conglomerate Vingroup to buy a stake in its medical unit, Vinmec, for over US$200 million, Vingroup said on Monday.

Vingroup will remain the controlling shareholder of the unit after the deal, Vingroup said in a statement. Credit Suisse acted as the sole advisor to Vingroup.

REUTERS

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