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Saigon Beer Alcohol Beverage Corp (Sabeco)
M&A
ThaiBev is tempting Budweiser with a Saigon brew
HONG KONG (Dec 3): A Thai billionaire is tempting Budweiser to the bar.
December 03, 2019
In print this week
ThaiBev gears up to fund growth, debt level seen as manageable
SINGAPORE (Apr 15): Thai Beverage has spent the past few years on an $8 billion acquisition spree, as it expanded beyond its home market and into other Southeast Asian markets. It bought a 53.59% stake in Saigon Beer Alcohol Beverage Corp (Sabeco), Viet
April 15, 2019
Broker's Calls
ThaiBev kept at 'buy' by these 6 houses as management stays upbeat on FY19
SINGAPORE (Nov 28): Analysts are maintaining their “buy” calls on Thai Beverage despite a disappointing 4Q.
November 28, 2018
Broker's Calls
Thai Beverage kept at 'buy' on accretive acquisitions, World Cup boost
SINGAPORE (May 17): The Fifa World Cup competition is expected to boost on-trade sales and consumption of Thai Beverage’s beers, not only in the kingdom but also in Vietnam, say analysts.
May 17, 2018
ThaiBev representatives join Sabeco beer board
(April 23): Shareholders of Vietnam's largest brewer Sabeco voted to add three representatives of Thai Beverage to its management board, a Sabeco source and local media said.
April 23, 2018
Broker's Calls
ThaiBev downgraded on anticipation of post-acquisition hangover
SINGAPORE (Dec 20): CIMB Research has downgraded its call on Thai Beverage (ThaiBev) while lowering its target price on the stock by 15 cents to $1, after imputing a potential impact to the group’s balance sheet from a recent acquisition which the resea
December 20, 2017
M&A
ThaiBev strong contender to win up to 54% stake in Vietnam's Sabeco
(Dec 10): Brewing groups including ThaiBeverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco, people familiar with the matter said, with the US$5 billion ($6.76 billion) sale process by
December 11, 2017
M&A
Vietnamese brewer Sabeco to conduct stake sale roadshows in Singapore, London
HANOI (Nov 21): Sabeco, Vietnam's biggest beer firm, will hold roadshows in Singapore and London on the government's plan to sell a stake, the country's trade ministry said in a statement on Tuesday.
November 21, 2017