Skip to main content

news

 

Magic Circle law firm Clifford Chance and Allens have advised Netherlands-based consumer finance provider Home Credit Group on the 800-million-euro ($870 million) sale of its Vietnam business to Thailand’s Siam Commercial Bank, which was advised by Linklaters and Vilaf.

Home Credit Vietnam is Vietnam’s second-largest consumer finance company by market share, with more than 15 million customers.

The sale of the Vietnam business marks the latest Southeast divestment by Home Credit, which in 2022 offloaded its Philippines and Indonesian businesses to Japanese banking giant MUFG for $621 million. Clifford Chance advised Home Credit on that deal as well, while Nishimura & Asahi advised MUFG.

The Clifford Chance team was led by Hong Kong partner Emma Davies, with support from partners Zayed Al Jamil (tech and data separation) and Nicola Hemsley (international tax aspects).

The Linklaters team was led by partner Sutthipong Koohasaneh, with support from Matthew Middleditch, chairman of the global corporate practice.

The Vilaf team was led by chairperson Duyen Ha Vo and included partners Phong Tran, Tung Nguyen, and Lam Nguyen.

 

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Deals

N&A, S&C, TMI advise as Japan's Nidec makes $1.6 bln bid for Makino Milling

by Asian Legal Business《亚洲法律杂志》 |

TMI Associates, Freshfields and Davis Polk & Wardwell have represented Japanese manufacturing giant Nidec on its 257-billion-yen ($1.6 billion) bid for Makino Milling Machine, which turned to Nishimura & Asahi and Sullivan & Cromwell for advice.

Deals

N&A, MHM, Skadden, STB guide JX Advanced Metal’s $3 bln Japan IPO

by Nimitt Dixit |

Nishimura & Asahi and Skadden Arps Slate Meagher & Flom are advising JX Advanced Metals on its upcoming 460-billion-yen ($3 billion) initial public offering, the largest listing in Japan since SoftBank Corp’s $23.5 billion IPO in 2018.

Deals

Trilegal, Touchstone, CAM act on Carlyle’s $400 mln entry into India auto-components space

by Nimitt Dixit |

Trilegal has advised global private equity firm Carlyle on its acquisition of majority stakes in Highway Industries (HIL) and Roop Automotives for $400 million, marking its entry into India's auto components sector through a new manufacturing platform.