Thailand's Singha buys into Vietnam-based Masan Group’s F&B business in $1.1b deal

In a big-ticket $1.1-billion cross-border acquisition in the south-east Asian region, Thai beer maker Singha Corp said, it will purchase 25 per cent stake in Vietnamese consumer goods firm Masan Consumer Holdings, part of diversified Masan Group, and 33.3 per cent of its subsidiary Masan Brewery.