Deals
ThaiBev Exploring Options for Spirits Unit Including IPO, Sources Say
- Beverage firm also considering sale of stake in business
- ThaiBev paused beer unit listing three times amid volatility
This article is for subscribers only.
Thai Beverage Pcl is exploring options for its spirits business including an initial public offering in Singapore, according to people with knowledge of the matter.
The firm controlled by Thailand’s richest man has held initial discussions with banks on alternatives including selling a stake in the maker of the country’s best-selling liquor brands Mekhong and Ruang Khao, said the people, who asked not to be identified as the process is private.