SK Group acquired a stake in Vingroup for $1bn.

Synopsis

SK Group, the third largest conglomerate in South Korea, acquired a stake in Vingroup, a Vietnamese conglomerate focusing on real estate development, retail, and services ranging from healthcare to hospitality, for $1bn.

Principals

target

VINGROUP

bidder

Sk Group

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Market Context

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Seller Team (1)

amy beckingham

Partner at Latham & Watkins

Lawyer

target

Deals

£ 19.20 B

Total Value

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