Global brewers line up bids for Vietnam's Sabeco sale: sources
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BREWING groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco, people familiar with the matter said, with the US$5 billion sale process by the government opening this week.
The auction of up to 54 per cent of Sabeco, in what is set to be Vietnam's biggest privatisation, offers brewers access to a fast-growing market with a youthful population and beer-drinking culture.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore