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ThaiBev Nears Singapore IPO Filing for $10 Billion Unit

ThaiBev Nears Singapore IPO Filing for $10 Billion Unit Bloomberg 1/29/2021 © Bloomberg Cans of Thai Beverage Pcl (ThaiBev) Chang beer (Bloomberg) Thai Beverage Pcl is planning to lodge a filing to list its brewery unit on the Singapore stock exchange as soon as next week, people familiar with the matter said, paving the way for what could be the biggest initial public offering in the city-state in a decade. Popular Searches The drinks maker plans to seek a valuation of about $10 billion for the unit, said the people, who asked not to be identified as the information is private. A listing in the Southeast Asian nation could happen as soon as the second quarter, one of the people said.

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Sonoco Joins $2 Billion Race for Crown Can Unit

Sonoco Joins $2 Billion Race for Crown Can Unit Bloomberg 1/25/2021 Kiel Porter and Dinesh Nair © Bloomberg Cans of Kirin Ichiban beer move along a conveyor on the production line of the Kirin Brewery Co. factory in Toride, Ibaraki, Japan, on Thursday, May 31, 2018. Kirin Holdings Co., the parent company of Kirin Co., aims to reach 100 billion yen ($910 million) in sales of food and beverages aimed at appealing to wellness concerns in the next two decades, according to chief executive officer Yoshinori Isozaki. (Bloomberg) Packaging maker Sonoco Products Co. is among bidders for Crown Holdings Inc.’s cans unit, which is expected to fetch more than $2 billion, according to people familiar with the matter.

United statesYoshinori isozakiOnex corpKirin holdings coCrown holdings incSonoco products coKirin brewery coKirin coKirin ichibanKirin breweryBloomberg cansSonoco productsCrown holdingsLone star fundsPlatinum equityNew york

Greener Beer, Cleaner Buses and More Good Climate News

Greener Beer, Cleaner Buses and More Good Climate News Bloomberg 12/18/2020 Leslie Kaufman © Bloomberg Cans of beer on the production line at the Ambev SA bottling facility in Sao Paulo, Brazil, on Thursday, Nov. 5, 2020. Ambev, the unit of Anheuser-Busch InBev that operates in 16 countries, said its Brazil beer volume surged 25% in the third quarter from a year earlier after Brazilians used emergency stipends to boost sales. (Bloomberg) The third issue of This issue had an entire section devoted to the intersection of climate and food and unfortunately that tends to reveal a world of problems. There are agricultural pests prospering in warmer conditions, cows connected to rainforest deforestation, conflicts over water that pit pistachios against the U.S. military, and dark questions about how much food we waste.

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