Vietnam M&A Forum 2017 has announced 2016-2017’s top mergers and acquisitions deals at the Gala Dinner at Ho C...
Vietnam M&A Forum 2017 has announced 2016-2017’s top mergers and acquisitions deals at the Gala Dinner at Ho Chi Minh City's Gem Center.
The winners were chosen from a pool of prominent transactions nominated for their accomplishments in the Vietnamese market.
Le Trong Minh, editor-in-chief of VIR and head of the Organising Board, said that the awards aim to provide the business community with a database and experiences from companies, investors, and consultants who have obtained good results during the year.
26 deals and companies were chosen from nearly 100 nominations by Vietnam M&A Forum 2017’s panel of independent judges, to be then divided into different categories: The Best M&A Deals, Firms with The Best M&A Strategy, and The Best M&A Advisory Firms.
“Notably, 2017 will mark the first time that Vietnam Investment Review and the Organising Board of Vietnam M&A Forum 2017 honour businesses with The Best M&A Information Disclosure,” he said, adding that transparency has contributed remarkably to the success of M&A deals, as well as provided accurate information to the public and investors.
According to the Organising Board, the total value of The Best M&A Deals for 2016-2017 was estimated at $2.67 billion, accounting for 46 per cent of the total value garnered during the past year. The average value of the Best M&A Deals was $95 million. These exemplary deals give an insight into the development trends of the Vietnamese M&A market this year.
The evaluation is expected to help companies become more active in their M&A strategies, while advisory firms will come up with further diverse support to equitisation activities in particular and M&A activities in general.
THE BEST M&A DEALS IN VIETNAM 2016-2017
The Best Merger Deal: Thanh Thanh Cong Tay Ninh and Bien Hoa Sugar
The deal between Thanh Thanh Cong Tay Ninh and Bien Hoa Sugar is the biggest deal of the year, valued at $217 million. The merger company is now a major corporate in the sugar industry with a huge competitive edge. This deal is a perfect example of Thanh Thanh Cong Tay Ninh’s M&A strategy.
Vietnam Investment Review