In a cross-border deal in Vietnam, Saigon Asset Management Corporation buys out US-based Heritage Beverage Company, exclusive importer of Saigon beer products to the North American market. Meanwhile, Germany has committed to bring its direct investment into Vietnam to $5 billion within the next five years.
Saigon Asset to take over US co Heritage Beverage
Ho Chi Minh City-based Saigon Asset Management Corporation will acquire all the outstanding shares of American Heritage Beverage Company in an all-cash transaction.