Vietnam's state-owned top brewer Sabeco to sell 53% at one go, deal valued upwards of $1b

Vietnam's state-owned top brewer Sabeco to sell 53% at one go, deal valued upwards of $1b

Vietnam’s largest beer producer Sabeco, known for its iconic Saigon brand, will sell around 53 per cent stake in a single tranche following which the state’s holding in company will stand truncated to around 36 per cent, industry executives aware of the development told this portal.

The sale will only be finalised after government approval.

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