acquisitions

Update news acquisitions

UOB completes acquisition of Citigroup’s consumer banking business in Vietnam

United Overseas Bank Limited (UOB) on March 1 announced the completion of the acquisition of Citigroup’s consumer banking business in Vietnam, which includes the transfer of approximately 575 Citigroup related staff to UOB Vietnam.

Farm sector set for wave of mergers, acquisitions

 Thanh Thanh Cong Tay Ninh Joint Stock Company (TTCS) will fully acquire Bien Hoa Sugar Joint Stock Company (JSC), becoming the biggest sugar producer in Vietnam.

Property sector to see many mergers, acquisitions

 The real estate market is busy with mergers and acquisitions (M&A), which are forecast to touch a record high this year, driven by the sector’s steady recovery.