Warburg Pincus to invest $200 million in Vincom Retail

VinCom Center BVingroup Joint Stock Company (“Vingroup”), Vietnam’s largest private-sector real estate operator and one of the largest companies by market capitalization listed on the Ho Chi Minh City Stock Exchange under securities code VIC, today announced that a consortium led by an affiliate of Warburg Pincus (the “Warburg Pincus consortium”), a leading global private equity firm focused on growth investing, has committed to invest US$200 million in a strategic partnership with Vingroup to substantially build out Vingroup’s retail property business (“Vincom Retail”). Read more