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Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

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Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

Reuters Published on Mon, Nov 27, 2017 / 3:29 PM GMT+8

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SINGAPORE (Nov 27): Vietnam’s biggest brewer Sabeco SAB.HM has received a strong response from potential suitors at an investors’ roadshow in Singapore, its chairman said, as the government moves closer to finalizing a stake sale in the US$9 billion ($12.1 billion) maker of Bia Saigon and 333 brews.

Vo Thanh Ha said the government is due shortly to publish details of a divestment plan for its nearly 90% stake in Saigon Beer Alcohol Beverage Corp, as the brewer is formally called, as part of a lengthy fund-raising exercise.

The sale has attracted interest from global brewers seeking access to what is already the second-most profitable market for Dutch brewer Heineken NV, which holds 5% of Sabeco.

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Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

M&A

Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

Primary tabs

Error message

Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

M&A

Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

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