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Update news merger
During the 10-month period, Vietnam’s M&A market attracted over US$8.8 billion, a surge of 18% against 2020 and 13.7% compared to the pre-pandemic period in 2019.
The first three months of the year have witnessed more local businesses beef up their mergers and acquisitions efforts in order to scale up operations.
Anheuser-Busch InBev and SAB Beer announced their merger in Viet Nam on January 12 following the approval of the Ministry of Industry and Trade.
Petrolimex, which holds a 40% stake in the Petrolimex Group Commercial Bank (PGBank), sought to complete the merger between PGBank and the HCMC Development Bank before August 31, said the Vnexpress website.
The collapse of Mon Hue and Soya Garden shows not only the risk of investors when they pour money into startups in food and beverage chains, but also the inadequacies of utilising investment capital inefficiently.
The merger will make the race in the e-commerce market more exciting.
Foreign investment in Vietnam through mergers and acquisitions (M&As) in the real estate sector between January and October 2019 rocketed 235% from a year earlier to a record high value of US$1.75 billion, data showed.
As the season of annual shareholders’ meetings is coming, banks’ shareholders are looking forward to more mergers and acquisitions in the sector.
The Vietnam Competition Authority's 2014 Annual Report says that mergers and acquisitions (M&A) have gathered pace in most industries.
The restructuring of the banking system is expected to experience a new turning point next year as a number of large banks consider plans to merge with other institutions.
VietNamNet Bridge – Jetstar Pacific, the first low-cost airline in Vietnam, will split from Vietnam Airlines, with the State still holding the controlling stake after equitization, a step of the plan to create a competitive aviation market.
VietNamNet Bridge – Although only one merger & acquisition (M&A) deal was announced in the first few months of the year, more are expected in the second half of the year.
Several banks have recently presented plans or expressed intention to complete mergers even as the nation continues to speed up the restructuring of credit institutions.
VietNamNet Bridge - Mergers & acquisitions implicate a variety of legal domains, among the most important of which is competition law.
VietNamNet Bridge – While the State Bank of Vietnam believes that the merger of small and weak banks into larger and stronger ones will help speed up the bank restructuring process, experts don’t think this is a perfect solution.
VietNamNet Bridge – Small banks merging into bigger banks is becoming a growing trend in Vietnam. This is what the State Bank wants to see to implement its plan to halve the number of commercial banks after three years.
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Under the government’s Resolution No. 15, state owned commercial banks can buy the stakes of finance companies and banks to be sold by State owned enterprises (SOEs) during their capital withdrawal process.
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VietNamNet Bridge – Merger and acquisition (M&A) was once considered the best way for enterprises to expand their business scale. However, the latest surveys on the post-M&A period showed 61 percent of the deals led businesses to failures.