Thai billionaire Charoen Sirivadhanabhakdi’s Thai Beverage is planning a Singapore IPO of some of its regional beer assets in a float that could raise $2 billion to $3 billion next year, a source familiar with the matter said on Friday. A Singapore IPO of just over $2 billion would make it the biggest in the city-state in about six years, while an issue of more than $3 billion would rank as the largest since 2010, according to Refinitiv data. Citing unnamed sources, Bloomberg earlier reported that ThaiBev is said to consider a Singapore IPO of its brewery …read more
Source:: Yahoo Finance
