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  5. PHI Group Acquires Saigon Pho Palace JSC

M&A Deal Summary

PHI Group Acquires Saigon Pho Palace JSC

On October 17, 2018, PHI Group acquired restaurant Saigon Pho Palace JSC

Acquisition Highlights
  • This is PHI Group’s 1st transaction in the Restaurants sector.
  • This is PHI Group’s 1st transaction in China.

M&A Deal Summary
Date 2018-10-17
Target Saigon Pho Palace JSC
Sector Restaurants
Buyer(s) PHI Group
Deal Type Add-on Acquisition

Target

Saigon Pho Palace JSC

Nguyen Thai Binh Ward, China
Saigon Pho Palace JSC is an own and operator of a chain of restaurants that cater to wedding banquets and convention events.

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Buyer(S) 1

Buyer

PHI Group

Las Vegas, Nevada, United States
Category Company
Founded 1982
Sector Financial Services
DESCRIPTION

PHI Group, Inc. primarily focuses on acquisitions as a principal and invests in special situations in large, growing markets that may substantially enhance shareholder value.

DEAL STATS #
Overall 3 of 3
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: China M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-27 Hoang Minh Chau Hung Yen

Vietnam

Hoang Minh Chau Hung Yen LLC is a producer of turmeric powder for food, healthcare and beauty supply and also contracts with the Vietnamese Institute of Industrial Chemistry to process curcuminoids from turmeric for various usages.

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