Weerawong C&P Represented Thai Bev In USD 4.83bn Acquisition Of 53.59% of Saigon Beer Alcohol And Beverage Joint Stock Corporation (SABECO) By Vietnam Beverage Company Limited.

Legal News & Analysis - Asia Pacific - Thailand - Corporate/M&A

15 February, 2018

 

Weerawong C&P represented Thai Beverage Public Company Limited (Thai Bev) (SGX-ST) in the USD 4.83 billion acquisition of 53.59% of Saigon Beer Alcohol and Beverage Joint Stock Corporation (SABECO) by Vietnam Beverage Company Limited, an associated company of Thai Bev, from the Vietnam Ministryof Industry and Trade. 

 

Sabeco is a public corporation in the Socialist Republic of Vietnam. Shares are listed on the Ho Chi Minh City Stock Exchange. 

 

This is the highest value privatization in Vietnam and the highest value acquisition inVietnam to date.

 

The deal will enable the Thai Bev Group to expand in theregion, increase product offerings, and provide access to an extensive distribution network.

 

The Weerawong C&Pteam was led by Weerawong Chittmittrapap, Senior Partner, Sunyaluck Chaikajornwat, Partner and Samata Masagee, Partner.