ThaiBev emerges as sole bidder for US$2b Sabeco stake

Tokyo

A UNIT of Thai Beverage Pcl is the only investor to register to buy at least a 25 per cent stake in Vietnam's largest beer company, according to the Vietnam trade ministry's website, in a sale that would be valued at more than US$2 billion.

ThaiBev was one of about a half-dozen foreign companies, including Anheuser-Busch InBev NV and Asahi Group Holdings Ltd, that expressed an interest in bidding for Saigon Beer Alcohol Beverage Corp, or Sabeco as the company is known.