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REUTERS – UPDATE 1-Thai Bev's unit seeks to buy a near $5 bln stake in Sabeco

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by December 17, 2017 General

UPDATE 1-Thai Bev’s unit seeks to buy a near $5 bln stake in Sabeco

Contributed by NAMPA / Reuters.

* Vietnam selling up to 54 percent in Sabeco
* Some bidders discouraged by rich valuations – sources
* Ministry set to conduct auction on Monday
(Recasts, adds details of Thai Bev’s unit seeking to buy all
Sabeco shares)
By Mai Nguyen and Anshuman Daga
Ho CHI MINH CITY/SINGAPORE, Dec 17 (Reuters) – Vietnam’s
trade ministry said on Sunday that Vietnam Beverage Co Ltd, a
unit of Thai Beverage, was the only investor seeking
to buy all shares of Vietnamese b …

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