Announced
Synopsis
Siam Commercial Bank, an universal bank, agreed to acquire Home Credit Vietnam, a consumer finance business, from PPF Group, an international diversified investment group, for $864m. “The acquisition of Home Credit Vietnam, marking a significant milestone in SCBX’s journey to become a leading regional financial technology group. This strategic acquisition strengthens our presence in the high-growth ASEAN market and also increases value and maximizes return to our shareholders in the long term,” Arthid Nanthawithaya, SCB X CEO.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.