Nomura Sells Its 70% Stake in NAIV to PC1 Group Joint Stock Company
Source: Fanny
Nomura Holdings, Inc. today announced a sale and purchase agreement with PC1 Group Joint Stock Company, a Vietnamese company engaged in power construction, energy investment and real estate investment, to sell the entire 70 percent stake it owns in Nomura Asia Investment (Viet Nam) Pte. Ltd. (NAIV). NAIV has a 70 percent stake in Nomura-Haiphong Industrial Zone.
The transaction is subject to regulatory approvals.
Nomura does not expect the divestment to have a material impact on its consolidated results.
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