Announced
Financials
Sources
Tags
Electrical Components
Majority
Acquisition
Vietnam
Pending
Private
Single Bidder
Friendly
cable manufacturing
Synopsis
Stark, a PVC industry firm in Bangkok, Thailand, agreed to acquire Thinh Phat Cables and Dong Viet Non-Ferrous & Plastic, two Vietnamese cable makers, for $240m. "The overall business of the company and the target companies is similar and complement the company’s core business and also enhance the competitive advantages of the group company for domestic and international markets," Stark.
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