Thai Bev’s Chief executive Thapana Sirivadhanabhakdi.
Thai Beverage Plc (ThaiBev) will aggressively boost its business footprint in Asean through mergers and acquisitions, including a further stake in Vinamilk, Vietnam’s largest dairy producer.
The moves will help ThaiBev achieve its goal of becoming a leading, sustainable drinks company in Asean by 2020.
Chief executive Thapana Sirivadhanabhakdi said ThaiBev is interested in acquiring major stakes in Saigon Beer Alcohol Beverage Corporation and Hanoi Beer Alcohol and Beverage Corporation.
The Vietnamese government wants to divest of its 89.59% stake in Saigon Beer for US$1.8 billion in auctions this year and next, along with its 82% stake in Hanoi Be…
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