Japanese companies continue their M&A buying spree in Vietnam

Japanese companies continue their M&A buying spree in Vietnam

Major Japanese companies are ramping up dealmaking activities in Vietnam to acquire promising businesses.
Asahi Life completes acquisition of Vietnamese life insurer

Asahi Life completes acquisition of Vietnamese life insurer

Asahi Mutual Life Insurance Company (Asahi Life) completed both the acquisition process to turn the Vietnamese life insurance company MVI Life Co. Ltd into a wholly-owned subsidiary.
Vietnam records 30 transactions worth $1.74 billion in September

Vietnam records 30 transactions worth $1.74 billion in September

Vietnam recorded 30 merger and acquisition deals in September, with disclosed values totalling about $1.74 billion.
PIDG exits Dat Bike following successful scale-up and a $26 million Series B fundraise

PIDG exits Dat Bike following successful scale-up and a $26 million Series B fundraise

On October 20, the Private Infrastructure Development Group (PIDG), through its project development solution, InfraCo, has exited from Dat Bike following a successful redemption of its convertible note.
CJ Logistics acquires Dong Nai logistics facility from Daiwa House

CJ Logistics acquires Dong Nai logistics facility from Daiwa House

CJ Logistics has acquired a 20,843-square-metre logistics facility in Dong Nai from Daiwa House, with Cushman & Wakefield advising on the deal.
A.P. Moller Capital to acquire full ownership of Portek

A.P. Moller Capital to acquire full ownership of Portek

A.P. Moller Capital is acquiring Portek International, a Singapore-based ports operator with terminal interests across six countries, from Mitsui & Co.
Drylab raises $3 million to build AI scientists

Drylab raises $3 million to build AI scientists

On October 13, Drylab AI, an autonomous agent platform learning from multimodal lab data to verify scientific hypothesis, has raised $3 million in its Seed funding round.
AkzoNobel to sell Dulux business for $1.35 billion

AkzoNobel to sell Dulux business for $1.35 billion

AkzoNobel on October 5 announced an agreement to sell its Dulux-branded decorative paints business in Southeast Asia and Australia to Nippon Paint for $1.35 billion, as the Dutch coatings group reshapes its decorative paints portfolio in Asia.
Spain's Congalsa acquires Lenger Seafood Vietnam

Spain's Congalsa acquires Lenger Seafood Vietnam

Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
Jollibee sells 11 per cent stake in Highlands Coffee for $88 million

Jollibee sells 11 per cent stake in Highlands Coffee for $88 million

After more than a decade of holding a controlling stake in the Vietnamese coffee chain, Philippine food and beverage group Jollibee Foods Corporation (JFC) is set to reduce its ownership to below 50 per cent after selling an 11 per cent stake in Highlands Coffee.
Arsenale acquires a 33 per cent stake in premium rail operator SJourney

Arsenale acquires a 33 per cent stake in premium rail operator SJourney

Arsenale has taken a 33 per cent strategic stake in SJourney, marking a new phase for Vietnam's luxury rail operator.
BIG Investment founder transfers 1.3 million shares to Brookland Group

BIG Investment founder transfers 1.3 million shares to Brookland Group

The founder of BIG Investment Group has transferred more than 1.3 million shares to Brookland Group & Partners to solidify a strategic partnership.
Mekong Capital completes exit from Mutosi following acquisition by Ariston Group

Mekong Capital completes exit from Mutosi following acquisition by Ariston Group

Mekong Capital on September 9 announced the sale of its majority stake in Mutosi Group JSC, a key player in Vietnam’s residential water purification market, to Ariston Group, one of the global leaders in climate and water comfort solutions.
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