Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Vietnam’s state investment firm has received offers from two foreign for stake purchase in the country’s dairy firm Vinamilk. The two firms will buy a combined 78.38 million shares in the company, according to a statement from ...
Tags: dairy firm, Vinamilk
Vietnamese dairy company Vinamilk has fully acquired US-based Driftwood Dairy by buying the remaining 30% stake for $3m. The acquisition comes more than two years after the company bought 70% stake in the US company for $7m. Driftwood ...
Tags: Vietnamese dairy, Dairy products
Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor
Vinamilk, a Vietnam-based dairy company, has secured an overseas investment certificate from the Vietnamese government to construct a milk factory in the capital of Phnom Penh, Cambodia, with an investment of $23m. The company will hold ...
Tags: dairy, Milk Facility
Vinamilk, a Vietnam-based dairy company, is set to commence construction of a milk factory in the capital of Phnom Penh, Cambodia, as part of its efforts to more than double its revenues to $3bn by 2017. Set to be established through a ...
Tags: Vinamilk, Milk Facility