Vietnam 

Foreign funds to offload GTN shares, paving way for Vinamilk’s acquisition – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Mộc Châu dairy cow farm. GTNFoods holds about 75 per cent in Vietnam Livestock Corporation (Vilico), which holds 51 per cent of Mộc Châu Dairy Cow JSC, the largest dairy cow farm in the North. — Photo of GTNFoods HÀ NỘI — Tael Two Partners Ltd, one of the two major foreign stakeholders of GTNFood Joint Stock Company, has registered to offload its entire holding in the Vietnamese food company.   The deal will pave the way for Vinamilk to acquire a larger stake in the ownership of Mộc Châu Milk.…

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Vietnam 

Vinamik offers to purchase GTN shares for Mộc Châu Milk – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Việt Nam Dairy Products Joint Stock Company (Vinamilk) has offered to purchase more than 116 million shares of GTNFoods Joint Stock Company (GTN) as GTN indirectly holds shares in Mộc Châu Milk. According to the document sent to the State Securities Commission on the purchase, Vinamilk has offered to buy a maximum of 46.68 per cent of GTN shares, or 116.71 million shares, with a price of VNĐ13,000 per share. Vinamilk estimates to spend about VNĐ1.5 trillion (US$64.5 million) on the deal.…

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