Global investment firm KKR has agreed to invest US$250 million in Vietnam-based Masan Group, a diversified industrial group with business lines in food and beverage, financial services and natural resources. The transaction includes US$100 million to purchase shares in Masan Group owned by Vietnam-focused private equity firm PENM Partners and US$150 million to acquire a 7.5 percent stake in Masan Nutri-Science, the branded meat platform of Masan Group. KKR will invest through KKR Asian Fund II. PENM Partners originally invested in Masan Group in 2008. The transaction is subject to customary corporate and regulatory approvals.