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Mizuho To Buy $760M Vietcombank Stake
Mizuho Corporate Bank is set to acquire a nearly 20% stake in Vietcombank.
Mizuho Corporate Bank is set to acquire a nearly 20% stake in Vietcombank, Bloomberg reports. The Japanese lender will pay a total of $760 million for the acquisition.
The deal is expected to be completed by the end of next month. Vietcombank is also known as the Joint Stock Commercial Bank for Foreign Trade of Vietnam.
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