Foreign investors target core assets in Vietnam’s evolving M&A landscape

Foreign investors target core assets in Vietnam’s evolving M&A landscape

A notable example emerged on March 28 when PAN Group completed the divestment of its entire stake in confectionery firm Bibica to Indonesia’s Momogi Group, a major subsidiary of a leading regional food conglomerate. The deal, valued at VND1.748 trillion ($70 million), underscores a growing trend in which transaction structure matters as much as deal size. Rather than acquiring Bibica in its entirety, Momogi targeted its core confectionery operat…