The government of Vietnam has kicked off a process to find potential investors for a large stake in the country’s biggest beer company, as it looks to strike a multibillion-dollar deal in the coming weeks. On Friday, Vietnamese government officials were in Singapore meeting investors to drum up interest in state-owned Saigon Beer Alcohol Beverage Corp., or Sabeco. The brewer is publicly listed in Vietnam and has a market capitalization of around $8.7 billion.

Source: Wall Street Journal November 24, 2017 04:17 UTC