YKVN advised on M&A award-winning deals in the In-House Community’s 2021 Deal of the Year Award
April 27, 2022
We are honored to announce our M&A teams advised on M&A award-winning deals in the In-House Community’s 2021 Deal of the Year Award.
“VPBank’s sale of 49% stake in FE Credit to Japan’s Sumitomo Mitsui Financial Group”
YKVN acted as counsel to Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) in the sale of 49% of stake in VPBank Finance Company Limited (FE Credit) to Sumitomo Mitsui Financial Group (SMFG) through its affiliate, SMBC Consumer Finance (SMBCCF). The publicly reported deal value is up to 150 billion yen ($1.4 billion).
Team: Partners Truong Nhat Quang and Nguyen Van Hai; and Krissen Pillay, Senior Associate
This deal is the largest M&A transaction in the banking and financial services sector to date and is the largest M&A deal in Vietnam in 2021.
“SCG Packaging acquisition of equity stake in Duy Tan Plastics Manufacturing”
YKVN represented the shareholders of Duy Tan Plastics Manufacturing Corporation in relation to the sales of 70% stake in Duy Tan to SCG Packaging Public Company Limited, a subsidiary of Siam Cement Public Company Limited.
Team: Partners Vu Dzung and Le Thi Loc; and Vu Mai Tram, Senior Associate
ABOUT THE 2021 IHC DEALS OF THE YEAR AWARDS:
In-House Community selected winning deals this year based on submissions to the IHC Briefing newsletter that it received during the year. There are more than 1,500 deals in the IHC Briefing eNewsletter — as well as in the deals section of the website www.inhousecommunity.com in the past year for the benefit of readers (17,000 in-house counsel and 12,000 private practice lawyers in Asia, Middle-East and Africa). All these deals, along with other prominent deals in the region were considered for the 2021 In-House Community: Deals of the Year. The full list of winning firms can be found on the In-House Community website here.
For more information, please contact YKVN Marketing Team:
T: (+84-28) 3 822 3155