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

theedge.com.vnHO 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 chung cư saigon intela and 333 brews has been set at 320,000 dong ($14.10) a share, a trade ministry official told a news conference. The government owns nearly 90 percent of Sabeco. If you liked this article and you would like to acquire more info concerning vị trí intela saigon nicely visit our own webpage. 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)