[lbo-talk] Texas Pacific sells part of stake in Vietnam's FPT

uvj at vsnl.com uvj at vsnl.com
Fri Aug 10 16:48:52 PDT 2007


Reuters.com

Texas Pacific sells part of stake in Vietnam's FPT http://www.reuters.com/article/companyNewsAndPR/idUSHAN26691920070810

Fri Aug 10, 2007

HANOI, Aug 10 (Reuters) - Private equity firm Texas Pacific Group [TPG.UL] has sold part of its stake in top Vietnam technology firm FPT (FPT.HM: Quote, Profile, Research) but remains a key investor in the company, FPT's chief executive said on Friday.

TPG and Intel Capital, a unit of Intel Corp. (INTC.O: Quote, Profile, Research), paid $36.5 million for a combined 10 percent stake last year in FPT, Vietnam's second-largest listed firm. http://www.reuters.com/article/companyNewsAndPR/idUSHAN26691920070810



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