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Japan's Sapporo International has acquired the 29 percent stake from its Vietnamese partner Vinataba in Sapporo Vietnam Co Ltd, making it a 100 percent foreign-owned firm, the Dau Tu (Investment) newspaper reported.
The stake sale in the venture, a brewery established in 2010 in southern Vietnam, follows a government policy on the divestment by state-owned firms from non-core businesses, the report said.
VIETNAM PRESS-Japan's Sapporo buys partner's stake in Vietnam beer venture - Dau Tu| Reuters
Japan's Sapporo International has acquired the 29 percent stake from its Vietnamese partner Vinataba in Sapporo Vietnam Co Ltd, making it a 100 percent foreign-owned firm, the Dau Tu (Investment) newspaper reported.
The stake sale in the venture, a brewery established in 2010 in southern Vietnam, follows a government policy on the divestment by state-owned firms from non-core businesses, the report said.
VIETNAM PRESS-Japan's Sapporo buys partner's stake in Vietnam beer venture - Dau Tu| Reuters