Friday, December 1 2023 10:20AM

[AUXESIA] M&A Newsletter 10/2023

Masan Group announced an investment of 200 million USD from Bain Capital

 

Masan Group announced that Bain Capital - an investment fund with total assets under management of approximately 180 billion USD - has invested at least 200 million USD in equity capital into Masan Group. The proceeds from this transaction will be used to enhance Masan's financial position and optimize its balance sheet.

 

 

KIDO Group increases its stake in Tho Phat International

KIDO Group has just officially increased its ownership ratio at Tho Phat International Joint Stock Company (Tho Phat) to 68%. Through this deal, KIDO will focus on repositioning and building the Tho Phat brand. In addition, KIDO also researches and implements a strategy to diversify products and product segments to meet the diverse needs of consumers.

 

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