* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 17, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

CVC-linked investment unit sells 5% stake in Vietnam’s Asia Commercial Bank for $220m

April 3, 2024
in Business
CVC-linked investment unit sells 5% stake in Vietnam’s Asia Commercial Bank for $220m
Share on FacebookShare on Twitter

An investment vehicle linked to CVC Capital Partners has disposed of its entire 5% stake in Vietnam’s fourth biggest non-state owned commercial lender, Asia Commercial Bank (ACB), for $220 million, according to a company filing and a person with knowledge of the matter.

The sale confirmed an early January report by Reuters that the Europe-based alternative investment firm was in talks with an adviser to explore the sale of its stake in the Ho Chi Minh-listed bank following approaches from potential buyers.

A company filing showed Whistler Investment Ltd sold a 5% stake in ACB for a total of $220 million.

Whistler Investment is an investment vehicle under CVC, according to the person with knowledge of the matter. Buyers of the stake are two U.S.-based financial institutions, the source added.

The sale of the stake was done via two trades fetching $160 million and $60 million respectively, the person said, declining to be named as the person was not authorised to speak to the media.

CVC still holds a 4.99% stake in the bank via another investment vehicle called Sather Gate, the source added.

CVC and ACB did not immediately respond to requests seeking comment on Tuesday.

CVC invested in ACB in 2017, according to its website, which does not disclose financial details of the investment.

The market value of ACB, which focuses on the retail and small-to-medium enterprise markets, has jumped more than three times to $4.4 billion as of Tuesday from early 2018, LSEG data showed.

CVC has been an active investor in Southeast Asia. It bought a minority stake in Indonesian gas company Samator Indo Gas from existing shareholders for $155 million last year. In December 2022, it sold its minority stake in Indonesia’s Garuda Food Putra Putri Jaya to U.S-based Hormel Foods Corp.

ACB recorded a 17.22% rise in net profit in 2023.

Vietnam’s banking sector has seen an increase in mergers and acquisitions in the past few years as investors seek to tap the country’s steady economic growth. Vietnamese lenders are also seeking to bolster their capital amid global uncertainties.

Reuters

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : DealStreetAsia – https://www.dealstreetasia.com/stories/cvc-vietnam-bank-390182/

Tags: businessCVC-linkedInvestment
Previous Post

Redfin Survey: More Than Three-Quarters of Baby Boomers Plan to Stay In Their Home As They Grow Older

Next Post

Trustar Capital acquires Chinese throat medicine maker Guilong Pharmaceutical

SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

July 17, 2025
CNBC Sport: MLB Commissioner says Sunday media rights could go to NBC, Apple — or back to ESPN – CNBC

MLB Commissioner Hints Sunday Media Rights Could Land with NBC, Apple, or ESPN

July 17, 2025
Gary Ades speaks on animal conservation and ecology in Hong Kong – South China Morning Post

Gary Ades Shares Eye-Opening Insights on Animal Conservation and Ecology in Hong Kong

July 17, 2025
Outdoors calendar: Great Lakes research vessel hosts science events – Duluth News Tribune

Explore Science on the Great Lakes: Exciting Research Vessel Events You Can’t Miss

July 17, 2025
Tell City High School Senior Jazlyn Mahaney Receives Prestigious Math or Science Educator Scholarship – Dubois County Herald

Tell City High School Senior Jazlyn Mahaney Honored with Prestigious Math and Science Educator Scholarship

July 17, 2025
2Baba, Annie’s marriage collapsed due to lifestyle clash – Baba Fryo – Punch Newspapers

The Untold Story Behind 2Baba and Annie’s Divorce: Lifestyle Differences Exposed

July 17, 2025
Two black holes collide, lab-grown organs, world’s first climate visa – podcast – The Guardian

Two black holes collide, lab-grown organs, world’s first climate visa – podcast – The Guardian

July 17, 2025
Contributor: ICE raids are cruel, but so is an economy built on undocumented labor – Los Angeles Times

Contributor: ICE raids are cruel, but so is an economy built on undocumented labor – Los Angeles Times

July 17, 2025
B&B Theatres will open massive entertainment complex in Texas – The Business Journals

B&B Theatres will open massive entertainment complex in Texas – The Business Journals

July 17, 2025
Moorhead police arrest Moorhead man after threat of violence at Essentia Health in Fargo – InForum

Moorhead police arrest Moorhead man after threat of violence at Essentia Health in Fargo – InForum

July 17, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (725)
  • Economy (748)
  • Entertainment (21,634)
  • General (15,948)
  • Health (9,786)
  • Lifestyle (756)
  • News (22,149)
  • People (750)
  • Politics (759)
  • Science (15,966)
  • Sports (21,246)
  • Technology (15,731)
  • World (732)

Recent News

SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

July 17, 2025
CNBC Sport: MLB Commissioner says Sunday media rights could go to NBC, Apple — or back to ESPN – CNBC

MLB Commissioner Hints Sunday Media Rights Could Land with NBC, Apple, or ESPN

July 17, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version