ThaiBev

Update news ThaiBev

M&A set for a bustling second half

M&A deal-making will probably increase at a steady pace in the second half of 2020, led by the upcoming mega deal of Vietnam’s leading brewer Sabeco.

VN government to sell stake in country’s biggest brewery

The Government will sell its 36% stake, equivalent to 230.8 million shares worth some VND37.6 trillion (US$1.6 billion), in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco), the country’s biggest brewery, this year.

Thai investors quietly acquires properties in Vietnam

Covid-19 cannot deter Thai investors from implementing their plans to acquire Vietnam’s businesses.

Industry-Trade Ministry contradicts rumor about Sabeco share buyback

The Ministry of Industry and Trade on June 3 refuted a rumor stating that it would buy back 53% of Saigon Beer, Alcohol and Beverage Corporation's (Sabeco) shares from Thaibev.

ThaiBev denies rumors on stake sale of Vietnam’s No.1 brewer Sabeco

ThaiBev affirms that Vietnam “continues to be one of ThaiBev’s core markets."

How is Sabeco faring now?

Having spent nearly $5 billion to acquire 53 percent of shares of Sabeco, the largest brewer in Vietnam, Thaibev has seen its investment value fall by half.

ThaiBev struggling to offload Sabeco

Budweiser APAC has eyes on Sabeco, while ThaiBev intends to quit one of the biggest beer markets of the region.

Heineken no longer major shareholder of Vietnam’s brewer Sabeco

Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.

Sabeco denies stake sale to Chinese investors

Saigon Beer-Alcohol-Beverage Corporation (Sabeco) has no plan to sell shares to Chinese firms, Sabeco general director Neo Gim Siong Bennett said at the firm’s annual shareholder meeting on April 12.

 

Instead of local Sabeco beer, will Vietnamese choose beer from Thailand?

The State is considering selling 53 percent of its stake in Sabeco, the largest domestic brewery in Vietnam. ThaiBev owned by Thai billionaire Charoen Sirivadhanabhakdi may not stay out of this lucrative business. 

Thai investors eye VN beverage market

VietNamNet Bridge - The big brands in the beverage industry of Vietnam are becoming an investment target for foreign investors.