Consortium led by Singapore’s GIC to invest $203.24 million in Vingroup medical unit
- Country:
- Vietnam
A consortium led by Singapore's state investor GIC Pte Ltd has agreed with Vietnam's largest conglomerate Vingroup to buy a stake in its medical unit, Vinmec, for over $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.
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