Vietnam's Masan Group increases stake in beverage chain Phuc Long Heritage to 85%

Vietnam's Masan Group increases stake in beverage chain Phuc Long Heritage to 85%

Photo: Phuc Long Heritage Joint Stock Company

Vietnamese retail giant Masan Group Corporation has increased its stake in beverage chain Phuc Long Heritage Joint Stock Company from 51% to 85% for a consideration of VND3.6 trillion ($154 million).