Nine companies submit bids to buy stake in Vietnam's Sabeco, deal size set to be over $1 billion

Nine companies submit bids to buy stake in Vietnam's Sabeco, deal size set to be over $1 billion

The Saigon Beer, Alcohol and Beverage Corporation (Sabeco), Vietnam’s largest brewer, plans to divest state holding to a minority 36 per cent, a source aware of the development told DEALSTREETASIA, even as the beverage producer Thursday said that nine firms had already submitted bids to buy a stake in it.

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