NEWS

Allens advises SK Group on divestment from Vingroup

Key advisers: Linh Bui, Ngoc Anh Tran
Mergers & Acquisitions Vietnam

Allens has advised multinational manufacturing and services conglomerate SK Group on its divestment from Vingroup.

SK Group originally acquired a 6.05% stake in Vingroup in 2019 for approximately US$1 billion, and divested in multiple tranches over the course of 2025. Allens advised on all aspects of the divestment.

'These transactions form part of SK Group’s broader strategy to restructure its portfolio in Vietnam, and mark another milestone in our longstanding relationship with SK Group,' said partner Linh Bui.

'We are pleased to continue supporting SK Group as it pursues new opportunities in Vietnam’s dynamic market,' said partner Ngoc Anh Tran.

Allens legal team

Linh Bui (Partner), Ngoc Anh Tran (Partner), Ha Nguyen (Senior Associate), Ngoc Nguyen (Senior Associate), Thuy Linh Nguyen (Senior Associate), Tien Tran (Associate), Anh Duong (Associate)