Yoma to snap up YKKO for $12.6m

YKKO restaurant chain to be acquired by Yoma

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Singapore-listed conglomerate Yoma Strategic Holdings (YSH) is to acquire a 65 percent stake in local restaurant chain YKKO. The deal is reportedly worth an estimated USD 12.6 million, according to an article in the Myanmar Times. The article quoted

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LOTTE Confectionery to acquire Myanmar's L&M Mayson

Lotte Group acquires major stake in Myanmar bakery firm

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South Korean conglomerate Lotte Group acquires 80 percent of local confectionary L&M Mayson Company, through its subsidiary Lotte Confectionary. According to a report in DealstreetAsia, the deal value is almost US$ 70 million. The article said t

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