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Bottoms up for ThaiBev as Viet brewer deal flows nicely

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Vietnam Beverage, an indirect associate of ThaiBev, has bought close to 343.7 million shares in Sabeco, valued at more than S$6.53 billion. Sabeco is the maker of Saigon beer.

Singapore

MAINBOARD-LISTED Thai Beverage Public Co Ltd (ThaiBev)'s multi-billion-dollar bid for a majority stake in a leading state-owned Vietnamese brewer went through on Monday.

Vietnam Beverage, an indirect associate of the food and drink group, has bought close to 343.7 million...

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