ThaiBev readies jumbo Singapore spin-off

Jonathan Breen

February 05, 2021 06:30 AM

beer 575x375 adobe stock — Glasses with different sorts of craft beer on wooden bar. Tap beer in pint glasses arranged in a row. Closeup of five glasses of different types of draught beer in a pub. | Rido - stock.adobe.com

Thai Beverage is preparing to spin off and list its brewery business, BeerCo, on the Singapore Exchange in a deal expected to raise as much as $2bn.

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JB

Jonathan Breen

Equities editor GlobalCapital Asia