M&A

Why SK's 6% of Vingroup is an “entry ticket” to Vietnamese empire

The Korean conglomerate wants to give its growth outlook a boost with a larger footprint in Vietnam. A chance to overtake rival chaebol LG in a growing market for electric vehicles is also attractive.

Alison Tudor-Ackroyd

May 17, 2019

SK Group is building a beachhead in the fast-growing Vietnamese market by forging alliances and paying high multiples for minority stakes.

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