Exclusive-BNP Paribas, KB Kookmin in talks for $2 billion Vietnam Techcombank stake, sources say

BNP Paribas and KB Kookmin Bank are reportedly in separate discussions to acquire a minimum 15% stake in Vietnam's Techcombank, with the deal potentially valued at $2 billion. The acquisition would provide the winning bank with access to Vietnam's rapidly growing banking market and end Techcombank's search for a foreign strategic partner. The deal value would be around 55% above Techcombank's current market price, with a 15% stake valued at $2 billion.

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