Stark Corporation acquires Thịnh Phát Cables and Đồng Việt Non-Ferrous & Plastic for $240M

Thailand's Stark Corporation, through its subsidiary Phelps Dodge International, completed the acquisition of Vietnamese cable makers Thịnh Phát Cables (Thipha) and Đồng Việt Non-Ferrous & Plastic (Dovina) for a combined value of US$240 million.

“The overall business of the company and the target companies is similar and complement the company’s core business and also enhance the competitive advantages of the group company for domestic and international markets.”vietnamnews.vn

• 1 source
• vietnamnews.vnThai Stark Corporation acquires Vietnamese cable makers in a $240m dealApr 28, 2020

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