Citi recognised for landmark Vietnamese M&A deal

February 22, 2024 | 08:10

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Citi led a transformational merger and acquisition (M&A) deal in the healthcare sector last year, in which Quadria Capital Investment Management and founding shareholders of FV Group sold their 100 per cent stake in FV to Singapore-based Thomson Medical Group Limited.

Citi recognised for landmark Vietnamese M&A deal

The transaction was recently named the best Vietnam M&A deal for the last 12 months at Asset Magazine’s banking awards. Asset Magazine is one of Asia’s top banking publications.

The deal was closed in the fourth quarter last year and is the largest healthcare transaction in Vietnam to date.

“Whether it is accessing debt and equity capital markets, providing advice for M&A or initial public offerings, trade financing or our services business that processes $4 trillion of payments globally every day, Citi is here to support clients with our local expertise in Vietnam and across our global network,” said Ramachandran A.S., Citi Vietnam’s country officer.

Singapore's GIC eyes potential M&A deal in Vietnam's retail sector

The Singapore-based sovereign wealth fund GIC and other investors are vying to scoop up a 20 per cent stake in Bach Hoa Xanh, Mobile World’s grocery store chain.

Vietnam retaining potential for M&A transactions

Ahead of the Global M&A Partners (GMAP) conference this week, co-chairmen Ivan Alver and Frédéric de Boer shared their views on the role of the Vietnamese market in GMAP’s development strategy with VIR’s Bich Ngoc.

Singapore's GIC eyes potential M&A deal in Vietnam's retail sector

The Singapore-based sovereign wealth fund GIC and other investors are vying to scoop up a 20 per cent stake in Bach Hoa Xanh, Mobile World’s grocery store chain.

By Huong Thuy

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