KKR Buys $159M Stake in Vietnam's Masan

Private equity shop Kohlberg Kravis Roberts & Co. will pay $159 million for a 10% stake in Vietnam's Masan Consumer Corp, Reuters reported. The deal is the largest ever private equity investment in Vietnam. The deal values Masan Consumer, a unit of Masan Group and Vietnam's leading producer of fish, soya, chili sauce and branded noodles, at $1.6 billion, Reuters said. KKR's investment comes from its $4 billion Asian Fund L.P., which closed in 2007 and is now around 65 percent invested.

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