KIDO to further boost M&A deals
Saturday, April 21,2018AsemconnectVietnam - Food producer KIDO Corporation (KDC) will continue with merger and acquisition (M&A) deals to gradually gain a bigger local food market share, said KDC general director Tran Le Nguyen.
Answering questions of shareholders on the ability to dominate the domestic cooking oil market at KDC’s annual meeting on April 18, Nguyen said Vietnam Vegetable Oils Industry Corporation (Vocarimex), an arm of KDC, is completing procedures to raise its ownership in Golden Hope to 51% from the current 49%.
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