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

From CrashCourse Wiki
Revision as of 18:41, 31 December 2017 by ElaineSteele (talk | contribs)
Jump to: navigation, search

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 chung cư intela saigon 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. Vietnam is shaping up as a battleground for global brewers thanks to a youthful population and beer-drinking culture. If you have any thoughts concerning where and how to use Xem dự án saigon intela, you can make contact with us at the webpage. ($1 = 22,700 dong) (Reporting by Mai Nguyen; Writing by Anshuman Daga; Editing by Stephen Coates)

Retrieved from "http://www.crashcourse.ca/wiki/index.php?title=Vietnam_To_Sell_Majority_Stake_In_Sabeco_Caps_Foreign_Ownership_At...&oldid=74482"