Vietnam’s Masan secures $200 million investment from Bain Capital By Reuters

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<span>© Reuters. Logo of the Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo</span><br />
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<p>HANOI (Reuters) &#8211; Vietnamese conglomerate Masan Group has secured funding of at least $200 million from Bain Capital, with the possibility of bringing in other investors to increase that to as much as $500 million, the two entities said on Monday. </p>
<p>Proceeds, according to fast-moving consumer goods firm Masan would be used to strengthen the its financial positions. </p>
<p>The investment would be in the form of convertible dividend preference share at a price of 85,000 dong ($3.50) per share which can be converted into ordinary shares at a 1:1 conversion ratio, Masan said in a statement. </p>
<p>($1 = 24,310.0000 dong) </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/vietnams-masan-says-will-receive-at-least-200-million-investment-from-bain-capital-3187547">Source link </a></p><p>The post <a href="https://forextraderhub.com/vietnams-masan-secures-200-million-investment-from-bain-capital-by-reuters.html">Vietnam’s Masan secures $200 million investment from Bain Capital By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>