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2021-11-30

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Vietnam's Vingroup seeks $1 bln from global investors for car unit - sources

SINGAPORE, Nov 30 (Reuters) - Vietnam's largest conglomerate Vingroup is in talks with investors, in

Vietnam's Vingroup seeks $1 bln from global investors for car unit - sources

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Vingroup is also in talks with global private equity firms, the sources said.</p>\n<p>They said Vingroup is in advanced talks with Qatar Investment Authority (QIA), the country's $300 billion sovereign wealth fund, which has been diversifying its investments from its core European and U.S. markets towards Asia.</p>\n<p>BlackRock is the world's largest asset manager.</p>\n<p>Vingroup declined to comment while there was no response from QIA. 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Vingroup is also in talks with global private equity firms, the sources said.\nThey said Vingroup is in advanced talks with Qatar Investment Authority (QIA), the country's $300 billion sovereign wealth fund, which has been diversifying its investments from its core European and U.S. markets towards Asia.\nBlackRock is the world's largest asset manager.\nVingroup declined to comment while there was no response from QIA. 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Vietnam's Vingroup seeks $1 bln from global investors for car unit - sources

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