SEA Deal Ticker
Two foreign banks want the same 15%: Techcombank's stake talks value it near $2B
Reuters reports BNP Paribas and KB Kookmin are separately weighing a stake of at least 15%, priced near twice book value — roughly 55% above the last close. Foreign ownership sits at 20.5% against a 30% ceiling.
Positive-sum angle: A Vietnamese lender clearing a premium to book rather than a discount resets what every other bank in Hanoi can ask for its own foreign tranche.