2009 – 2023: YKVN’s unparalleled journey in Vietnam’s M&A sector at the 15th Vietnam M&A Forum
December 8, 2023
The 15th Vietnam M&A Forum recognized YKVN’s unique presence in the most prominent transactions over 2009 – 2023 period, from landmark privatizations to pivotal M&A and PE deals. Our teams were at the forefront in 8 of the top 10 value transactions and involved in nearly one-third of 30 prominent transactions over the 15-year period.
Looking back at the 10 outstanding billion-dollar M&A deals over 2009 – 2023, we were sole counsel on 4 of those 8 deals and worked alongside our best friend international firms for the other 4 deals:
- ThaiBev acquisition of 54% stake in Sabeco
ThaiBev (Thailand) acquired a 54% stake in Sabeco, Vietnam’s leading brewer, for USD 5 billion, marking a significant shift in ownership of the Saigon Beer brand. YKVN was sole counsel to Sabeco in this deal.
- GIC Private Limited investment in Vinhomes
GIC Private Limited, an investment firm based in Singapore, invested USD 1.8 billion in Vinhomes, a major Vietnamese real estate developer. YKVN was sole counsel to GIC in this deal.
- TNK-BP purchase of BP Vietnam assets
TNK-BP purchased BP’s upstream, pipeline and electricity assets in Vietnam and Venezuela for a total cost of USD 1.8 billion.
- Kuehne + Nagel acquisition of Apex International
Kuehne + Nagel, a global logistics provider, purchased Apex International, a Southeast Asian logistics company, for USD 1.5 billion, expanding its regional reach.
- SMBC acquisition of 15% stake in VPBank
Sumitomo Mitsui Financial Group (SMBC) of Japan acquired a 15% stake in VPBank, a Vietnamese bank, for USD 1.5 billion. YKVN was sole counsel to VPBank in this deal.
- SMBC purchase of 49% stake in VPBank’s FE Credit
SMBC purchased a 49% stake in FE Credit, VPBank’s consumer finance subsidiary, for USD 1.4 billion. YKVN was sole counsel to VPBank in this deal.
- Central Group (Thailand) acquisition of Big C supermarket chain
Central Group of Thailand acquired Big C, a Vietnamese supermarket chain, for USD 1.14 billion, solidifying its position in the Vietnamese retail sector.
- Singha Asia Holding Pte Ltd acquisition of 25% stake in Masan Consumer and 33.3% of Masan Brewery
Singha Asia Holding Pte Ltd, a Singaporean investment company, invested USD 1.1 billion in Masan Consumer and Masan Brewery, two leading Vietnamese beverage companies.
More about the 10 largest M&A transactions (deal value) in Vietnam: click here.
About Vietnam M&A Forum:
The Vietnam M&A Forum is a key venue convening prominent Vietnamese and international speakers, with over 500 participants. The 15th annual awards ceremony recognized companies with robust M&A strategies as well as the most outstanding advisory firms of the past 15 years.
For more information, please contact YKVN Marketing Team:
T: (+84-28) 3 822 3155
marketing@ykvn-law.com
