Announced
Financials
Tags
credit scores
Vietnam
Domestic
Acquisition
Private
FinTech
Minority
Pending
Friendly
Single Bidder
Synopsis
Masan Group, a private sector company with a focus on the consumption and resources sectors, agreed to acquire a 25% stake in Trusting Social, a consumer credit scores services provider, for $105m. The project is part of Masan's strategic goal by 2025 to create a Consumer - Retail - Technology ecosystem capable of capturing 80% of Vietnamese consumers' wallet.
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