The Singapore-based brewing group, Asia Pacific Breweries, has been granted Vietnamese regulatory approval to acquire the outstanding 8.5% stake in the Vietnamese brewery, Hatay Brewery Ltd (HBL), which it did not already own. APB is to pay VND43.574 billion (US$2.83m) in cash for the shares.
VIETNAM: APB gets OK to boost HBL stake
The Singapore-based brewing group, Asia Pacific Breweries, has been granted Vietnamese regulatory approval to acquire the outstanding 8.5% stake in the Vietnamese brewery, Hatay Brewery Ltd (HBL), which it did not already own. APB is to pay VND43.574 billion (US$2.83m) in cash for the shares.