Creador picks 13% stake in Vietnam's Long Chau Pharmacy at $1.5b valuation

Creador picks 13% stake in Vietnam's Long Chau Pharmacy at $1.5b valuation

Malaysia-based private equity firm Creador has acquired a 13% stake in Vietnam-based pharmacy chain Long Chau in the latter’s first institutional round.

Long Chau is a subsidiary of FPT Retail (FRT), which controlled 75% interest in the pharmacy chain prior to the transaction.

DealStreetAsia reported Long Chau’s plan for a stake sale in December 2024.

Edited by: Joymitra Rai

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