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ThaiBev says it's not selling Vietnam business; IPO process for some assets in early stages

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Bloomberg has reported that ThaiBev is speaking with potential advisers about listing its brewery unit next year, and may seek a valuation of as much as US$10 billion.

Singapore

THAI Beverage Public Company (ThaiBev) has clarified that it is not seeking a buyer for its business in Vietnam.

In a regulatory filing on Wednesday, the company said that claims made in recent international and Vietnamese media articles about the potential sale are "...