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Tuesday, April 12, 2011

KKR agrees to largest Vietnam private equity deal to date

Global private equity firm Kohlberg Kravis Roberts & Co has agreed to buy 10 percent of Vietnam's Masan Consumer Corp for $159 million, the companies said in a joint statement on Wednesday. KKR's investment is the largest private equity deal in Vietnam to date, and comes as increasing competition for assets pushes private equity firms into more frontier markets in the Asia Pacific region.

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