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.

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

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.

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.

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.

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

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

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.
×