Deutsche Bank raises stake in Vinamilk

Deutsche Bank has bought 221,580 more shares in the Vietnam Dairy Product Company (Vinamilk), raising its stake in the company to 6 percent of Vinamilk’s chartered capital. The German bank now owns 10.51 million Vinamilk shares.

In the first five months of this year, Vinamilk made 617 billion VND (37.4 million USD) in pre-tax profits, a year-on-year increase of 28.27 percent.

VNA

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