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CVC Capital exits Vietnam s Asia Commercial Bank with stake sale, sources say

HANOI/HONG KONG :CVC Capital Partners has exited Vietnam's fourth-biggest private commercial lender, Asia Commercial Bank (ACB), after disposing of its remaining 4.99 per cent stake for around $220 million, three people with knowledge of the matter said.The Europe-based alternative investment firm disposed of

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CVC-linked investment unit sells 5% stake in Vietnam s Asia Commercial Bank for $220m

An investment vehicle linked to CVC Capital has disposed of its entire 5% stake in Vietnam's fourth biggest non-state-owned commercial lender.

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FinanceAsia Achievement Awards 2023: The rationale behind Asia s best deals

Read the rationale behind the winners of the best Asia deals for the FinanceAsia Achievement Awards 2023.

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CVC considers selling minority stake in Vietnam s Asia Commercial Bank

CVC's stake in the bank is worth up to $200 million based on ACB's market-cap of $4.03 billion as of Friday.

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CVC considers selling minority stake in Vietnam s $4 bln Asia Commercial Bank - sources

CVC Capital Partners is considering selling its minority stake in Vietnam s fourth biggest non-state owned commercial lender, Asia Commercial Bank , according to two people with knowledge of.

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