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REUTERS – Vietnam to name buyer of up to $5 bln stake in top brewer Sabeco

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by December 17, 2017 General

Vietnam to name buyer of up to $5 bln stake in top brewer Sabeco

Contributed by NAMPA / Reuters.

* Vietnam selling up to 54 percent in Sabeco
* Some bidders discouraged by rich valuations – sources
* Trade ministry says Thai Bev unit keen to bid for 51 pct
* Ministry set to conduct auction on Monday
By Mai Nguyen and Anshuman Daga
Ho CHI MINH CITY/SINGAPORE, Dec 17 (Reuters) – Vietnam is
set to auction an up to $5 billion stake in top brewer Sabeco
on Monday, with Thai Beverage the only
potential bidder to have expressed interest in a majority stake.

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