Thailand Digest: ThaiBev, CP Group weigh IPO of units

Thailand Digest: ThaiBev, CP Group weigh IPO of units

Billionaire Charoen Sirivadhanabhakdi, chairman of Thai Beverage Pcl, speaks with guests as he attends a charity event in Bangkok, Thailand, on Wednesday, Oct. 15, 2014. Photographer: Dario Pignatelli/Bloomberg

Thai Beverage is considering an IPO for its spirits unit in Singapore, while Thai conglomerate CP Group is mulling a $1-billion IPO in Thailand for its seed and animal feed business.

ThaiBev’s 4th attempt at Singapore IPO of brewery unit

One of Southeast Asia’s leading beverage companies, Thai Beverage (ThaiBev), is considering an IPO for its spirits business in Singapore, among other options, Bloomberg News reported.

Edited by: Joymitra Rai

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