Deals
Vietnam Says Carlsberg May Pay Market Price for Stake in Beer Maker
- Habeco, Carlsberg working out ‘issues’ in stake sale talks
- Carlsberg seeks to raise stake in Vietnam brewer to 61.79%
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Carlsberg A/S, the Danish brewer negotiating to buy a majority stake in Hanoi Beer Alcohol Beverage Corp., must pay market price if it wants to acquire Vietnam’s second-largest beer maker.
Carlsberg and the Hanoi-based beer maker, also known as Habeco, are working out “issues” in negotiations for the European company’s efforts to expand its stake in the brewer, Deputy Prime Minister Vuong Dinh Hue said in an interview. The European beer maker wants to increase its Habeco stake to 61.79 percent from 17.51 percent in the Hanoi brewer, Tayfun Uner, former chief executive officer of Carlsberg Vietnam, said in late 2016.