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Thailand's packaging company to expand business in Vietnam | Business

Bangkok-based SCG Packaging Plc (SCGP) has announced that it is acquiring a 70% stake in Starprint Vietnam JSC (SPV) for 1.53 billion BTH (44.5 million USD) to take advantage of positive prospects in Vietnam. ....

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CJ ENM closes Endeavor Content acquisition

Korean entertainment giant CJ ENM has released a public filing confirming it has finished the process of acquiring a 80% stake in the scripted business of Endea. ....

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Saudi Aramco in Advanced Talks on up to $25 Billion Reliance Deal: Report

Reliance announced a sale of a 20% stake in its oil-to-chemicals business to Aramco for $15 billion in 2019, but the deal stalled after oil prices and demand crashed last year due to the pandemic. ....

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Thai Beverage to sell 20% of beer business in blockbuster Singapore IPO

The planned IPO will likely value the brewery unit at about US$10 billion. - Bloomberg
SINGAPORE, Feb 5 (Reuters): Thai Beverage, controlled by one of Thailand s richest men, plans to sell a 20% stake in its regional beer business via a Singapore listing, in what is set to be the largest initial public offering in the city-state in nearly a decade.
In a statement filed to the Singapore Exchange after midnight, Thai Beverage said the move would give BeerCo, a separately listed entity, direct access to debt and equity capital markets and allow it to independently leverage on a wider range of funding options. ....

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