Vietnam To Sell Majority Stake In Sabeco Caps Foreign Ownership At...

canhosaigonintelas.comHO CHI MINH CITY, Nov 29 (Reuters) - Vietnam said on Wednesday it is open to selling a 54-percent stake in Sabeco , the country's top brewer, but capped foreign ownership at about 49 percent.

The mininum price for the long-stalled sale of the $9 billion maker of Bia Saigon and 333 brews has been set at 320,000 dong ($14.10) a share, a trade ministry official told a news conference.

When you cherished this information along with you would want to receive guidance concerning dự án LDG kindly check out our site. The government owns nearly 90 percent of Sabeco. Vietnam is shaping up as a battleground for global brewers thanks to a youthful population and beer-drinking culture. ($1 = 22,700 dong) (Reporting by Mai Nguyen; Writing by Anshuman Daga; Editing by Stephen Coates)