Could ThaiBev float its brewing operations, including Chang, this year?
In its report, Reuters said the assets that could be included in the listing comprise ThaiBev s brewing operations in its home market of Thailand as well as in neighbouring Vietnam. ThaiBev has a majority holding in Vietnam s Saigon Beer Alcohol Beverage Corp (SABECO), with the country s authorities poised to offload their 36% stake having transferred it to a government-owned investment company in September.
Reuters sources in today s article declined to be identified as they were not authorised to speak to the media .
As well as Chang and the SABECO controlling interest, ThaiBev is present in soft drinks and spirits, owning brands including Thai spirits favourites Mekhong and SangSom Special Rum as well as Scotch whiskies Balblair and Old Pulteney through its International Beverage Holdings division.