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Thai Beverage considers potential $3 billion beer IPO - sources

A man rides his motorcycle past a beer factory belonging to Thai Beverage in Ayutthaya province
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SINGAPORE (Reuters) - Thai billionaire Charoen Sirivadhanabhakdi's Thai Beverage is planning to spin off some regional beer assets in an initial public offering (IPO) that could raise as much as $3 billion (2.3 billion pounds), sources close to the matter said.The Singapore-listed company has approached banks about a listing of a unit that could house its beer assets in Vietnam and Thailand, one..
Date Published: Nov 29, 2019
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