Singha to Take $1.1 Billion Stake in Vietnam's Masan Units

  • Singha to buy stakes in two Masan units with new capital
  • Masan shares rise most since March 2014 after deal announced

Singha Asia Holding Pte Ltd is investing $1.1 billion in Masan Group Corp’s consumer and brewery units to take advantage of Vietnam’s young and growing middle class, the companies said in a joint statement today.

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