29 August, 2023
Vietnam-based powdered milk producer VitaDairy is understood to be offering a 30% stake in a sale that is expected to fetch at least $100 million, according to several people privy with the matter.
Edited by: Padma Priya
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Printed by Unregistered user on Sat, 02 Sep 2023 17:55:51 GMT
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The investors had initially injected $45 million for a 70 per cent stake in the company.
IDP is expanding in Vietnam and opportunistically across Southeast Asia.