Vingroup terminated its deal to invest in Archos.

Synopsis

Vingroup, a Vietnamese conglomerate, terminated its deal to invest in Archos, a consumer electronics company. Archos was informed on July 23 by VinSmart that certain conditions around the deal could not be fulfilled.

Principals

target

ARCHOS

bidder

VINGROUP

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Market Context

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Seller Team (1)

loïc poirier

CEO at ARCHOS

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

pham nhat vuong

Chairman at VINGROUP

Manager

bidder

Deals

£ 22.45 B

Total Value

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