Edition:
India

Thai Beverage Public Says Vietnam Unit To Buy 53.59 Pct Stake In Sabeco


Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Thai Beverage Pcl ::VIETNAM BEVERAGE SUCCESSFUL IN BID IN THE COMPETITIVE OFFERING OF ORDINARY SHARES IN SABECO.‍AGGREGATE PURCHASE PRICE FOR ALL OF SALE SHARES IS ABOUT VND 109,965.6 BILLION​.VIETNAM BEVERAGE SUBMITTED ITS BID TO ACQUIRE SABECO SHARES FROM MINISTRY AT A BIDDING PRICE OF VIETNAMESE DONG 320,000 PER SABECO SHARE.VIETNAM BEVERAGE WILL FINANCE PURCHASE PRICE & TRANSACTION EXPENSES THROUGH MIX OF EXISTING EQUITY CAPITAL, LOANS PROVIDED BY BEERCO​.‍GROUP'S CONSOLIDATED EPS WOULD DECREASE FROM S$ 0.057 TO S$ 0.055 POST ACQUISITION (BASED ON ILLUSTRATIVE EXCHANGE RATE).TO ACQUIRE 343.6 MLN SABECO SHARES ABOUT 53.59% OF ALL OUTSTANDING ORDINARY SHARES IN SABECO​.