ThaiBev unit seeks to buy a near $5b stake in Sabeco

ThaiBev unit seeks to buy a near $5b stake in Sabeco

FILE PHOTO: Bottles of beer move along a production line at a factory of Saigon Beer Corporation (Sabeco) in Hanoi, Vietnam May 26, 2015. REUTERS/Kham/File Photo

Vietnam’s trade ministry said on Sunday that Vietnam Beverage Co Ltd, a unit of Thai Beverage, was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly $5 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter