Kohlberg Kravis Roberts Company is investing $159 million for a 10% equity stake in Vietnam’s Masan Consumer.
KKR will be issued 14 million new equity shares in a deal that values Masan Consumer at $1.6 billion. The company, which is part of Vietnam’s Masan Group, launched its IPO as Masan Food before broadening its business.
Other companies in the group include Techcombank and Masan Resources. Sources said KKR will get proportionate board representation and the private equity firm has a clear-cut idea of the roadmap to exit, even though it has not been formally decided.
Masan Consumer is Vietnam’s market leader in fish, soya...