Mobile World hires adviser to sell $1.5b Vietnamese grocery business

Mobile World hires adviser to sell $1.5b Vietnamese grocery business

Ho Chi Minh City, Vietnam on Unsplash

Vietnam’s Mobile World Investment Corp said on Wednesday it has hired an adviser to explore the sale of its Bach Hoa Xanh grocery chain in a deal sources familiar with the matter said would value the business at more than $1.5 billion.