KKR Buys Stake In Vietnam's Vinhomes

A consortium led by KKR has invested $650 million in Vietnam property firm Vinhomes, Vinhomes' parent Vingroup. The consortium, which includes Singapore state investor Temasek Holdings, has paid the sum for a 6% stake in Vinhomes, Vingroup. Vingroup, Vietnam's largest conglomerate, will remain th

BY Realty Plus
Published - Thursday, 18 Jun, 2020

A consortium led by KKR has invested $650 million in Vietnam property firm Vinhomes, Vinhomes' parent Vingroup. The consortium, which includes Singapore state investor Temasek Holdings, has paid the sum for a 6% stake in Vinhomes, Vingroup. Vingroup, Vietnam's largest conglomerate, will remain the controlling shareholder in Vinhomes. Credit Suisse (Singapore) Limited acted as sole financial advisor to Vingroup