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Consortium led by Alibaba completes the injection of $400 million into Masan


Consortium led by Alibaba completes the injection of $400 million into Masan
13:53 | 14/06/2021
Masan Group Corporation (HSX: MSN) today announced the completion of a private issuance of 5.5 per cent stake in The CrownX Corporation to a consortium led by Alibaba Group and Baring Private Equity Asia for a total cash consideration of $400 million.
Alibaba completes the injection of $400 million into Masan
The CrownX is Masan’s integrated consumer retail arm that consolidates its interests in Masan Consumer Holdings and VinCommerce. The transaction implies a pre-money valuation of $6.9 billion for 100 per cent of its equity, an equivalent of $93.5 per share. Masan now owns 80.2 per cent of the company. The signing of this transaction was first announced on May 18, 2021. ....

Republic Of , Phuc Long , Ngh An , Danny Le , Masan Group , Masan Consumer Holdings , Phuc Long Heritage , Phuc Long Kiosks , Crown X , M Amp A , குடியரசு ஆஃப் , புக் நீண்டது , ங் ஒரு , டேனி லெ , மசன் குழு , மசன் நுகர்வோர் ஹோல்டிங்ஸ் ,

Chipotle Is Raising Prices, but Its Not Slashing CEO Compensation

While Chipotle attributes rising prices to the growing cost of labor, some critics point to high CEO compensation as another factor. ....

Fast Food , Ary Meisenzahl ,