Difference between revisions of "Vietnam To Sell Majority Stake In Sabeco Caps Foreign Ownership At..."
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− | HO 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.<br><br>The mininum price for the | + | HO 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.<br><br>The mininum price for the long-stalled sale of the $9 billion maker of [http://Saigon.dk/ Bia Saigon] and 333 brews has been set at 320,000 dong ($14. For more info on [http://luxriverviewdatxanh.org/tien-ich-can-ho-thong-minh-saigon-intela-tai-nam-sai-gon/ chung cư intela saigon] review our webpage. 10) a share, a trade ministry official told a news conference.<br><br>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) |
Revision as of 06:15, 1 January 2018
HO 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. For more info on chung cư intela saigon review our webpage. 10) a share, a trade ministry official told a news conference.
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)