Australia’s CBA exits Vietnam’s VIB after 4.4% stake sale

(Reuters) – Australian lender Commonwealth Bank of Australia said on Wednesday it has sold its remaining 4.4% stake in Vietnam International Commercial Joint Stock Bank and will receive A$170 million ($106.7 million) in total gross proceeds.

($1 = 1.5931 Australian dollars)

(Reporting by John Biju in Bengaluru; Editing by Sonia Cheema)

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