BIDV Highlights
Tha nh Van
Best investment and M&A deals for 2019-2020 seems to be very much in line with the forecasts of many domestic and foreign organisations as Vietnam is one of the rare bright spots on the radars of international investors.
BIDV - Hana deal is honoured at Vietnam M&A Forum 2020
BIDV was honoured in the category of the Best Investment and M&A Deals in 2019-2020 at the 12th Vietnam M&A Forum held on 25 November in Ho Chi Minh City.
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he Vietnam M&A Forum 2020 took place in the new normal while Vietnam, as part of the global economy, is trying to shake off the blow from the coronavirus pandemic and make the most of the new investment trends of the region and the world at large. Nevertheless, unlike most other economies, the outlook for the Vietnamese economy remains quite positive thanks to the country’s efforts to take drastic measures to reform the domestic investment and business climate, effectively curb the pandemic, and potentially benefit from a noticeable shift in foreign investment flows.
Experts have high hopes for an upsurge in the scale and value of M&A deals in the Vietnamese market in the coming time. This expectation
In November 2019, BIDV signed a strategic cooperation agreement with Hana Bank - the foreign strategic shareholder who owns 15 percent of BIDV’s charter capital. Particularly, BIDV issued over 603.3 million shares as a private placement to Hana Bank with a total value of nearly VND20,300 billion (USD875 million). This is the biggest M&A deal with a strategic investor in Vietnam's banking industry. Hana Bank's large investment in Vietnam is a clear testament to the optimism and confidence in the stability and development potential of Vietnam's economy and the finance and banking industry in general and BIDV in particular.
The Best Investment and M&A Deals of the Year 2019-2020 Companies Masan Group BIDV Vinhomes Stark Corporation Sumitomo Life and Bao Viet Holdings Danh Khoi Holdings Aozora Bank-OCB FWD Group Pharmacity Vinamilk
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B I D V review
Deals Masan and member companies struck deals with VinCommerce, Starck, NET, and 3F BIDV sold shares to KEB Hana Bank KKR & Temasek acquired a stake in Vinhomes Stark Corporation purchased 100 per cent equity of Thipha Cable and Dovina Sumitomo purchased shares of Bao Viet Danh Khoi Holdings acquired the Sun Frontier project Aozora Bank acquired a stake in OCB FWD Group acquired Vietcombank-Cardif Life Insurance (VCLI) Pharmacity successfully completed fund raising rounds Vinamilk & GTNFoods acquired Moc Chau Milk
