Masan has purchased a controlling share in the Phuc Long tea business
Trung cấp
Business
February 10
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Masan said on Wednesday that it had
an extra $110 million to
in the Phuc Long
from 20% to 51%.
Masan initially purchased a 20% share in Phuc Long in May of last year for $15 million. The
values the tea and coffee company at $355 million.
Masan intends to open 2,000 of these
this year, and Phuc Long will add up to VND3 trillion ($132 million) to the
, which totaled VND88.6 trillion last year.
Từ vựng
VOCAB 1/6
Quiz
QUIZ 1/3
How much stake did Masan have in Phuc Long previously?
$110 million
0% chọn
20%
0% chọn
51%
0% chọn
What is the value of the tea and coffee company after the acquisition?
What was the total income of the conglomerate last year?
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