Deals
AB InBev, Asahi Among Suitors for Vietnam’s Biggest Brewery
- Vietnam government values its stake in Sabeco at $1.8 billion
- Sabeco to be listed on stock exchange this year before auction
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The world’s largest brewers from Europe to Asia are lining up for a chance to buy a stake in Vietnam’s top beer-maker, in a deal worth at least $1.8 billion as consumption in the Southeast Asian country surges.
Dutch brewer Heineken NV, Anheuser-Busch InBev NV and its merger partner SABMiller Plc, as well as Japan’s Asahi Group Holdings Ltd. and Kirin Holdings Co. are among seven foreign companies that have registered to bid for stakes in Saigon Beer Alcohol Beverage Corp., also known as Sabeco, its chief executive officer Le Hong Xanh said.