Global brewers line up bids for Sabeco sale

A statue of late Vietnamese revolutionary leader Ho Chi Minh is seen at the Sabeco office in Ho Chi Minh city, Vietnam October 5, 2016. REUTERS/Stringer

Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam’s largest brewer, Sabeco, people familiar with the matter said, with the $5 billion sale process by the government opening this week.

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