Thai Tycoon Makes Frothy Offer for Stake in Vietnam’s Largest Beer Maker

SINGAPORE –  One of Thailand’s richest tycoons is looking to buy a quarter of Vietnam’s largest beer maker in a deal worth at least $2.25 billion, making his company the sole bidder wanting to buy a substantial stake. If successful, it would be one of the largest foreign investments in the Asian frontier market and […]

Myanmar’s New Struggle: Keeping Foreign Investors Happy

A pariah state for decades, Myanmar’s recent emergence from economic isolation has attracted foreign companies and investors intrigued by the Southeast Asian nation’s untapped potential, abundant natural resources and low wage workforce. The first U.S. fast food restaurant, KFC, opened in 2015 and other assorted Western and Asian brands have popped up across the nation’s […]

Dealmaking excitement builds over beers in newly opened Myanmar

YANGON (Bloomberg) – A scorching May day in Myanmar calls for beers and loosened neck ties. At newly opened Harry’s Bar in Yangon, investors talk opportunities over draft lagers, jalapeno steak sliders and fries. Several private equity types and company executives are gathered around Ms Jasmine Thazin Aung, an energetic and bubbly Yangon-based executive director at […]

Kirin Seeks Snappier Southeast Asia Deals After Losing F&N

Kirin Holdings Co. wants to become more aggressive in buying Southeast Asian companies after the sale of its stake in Singapore-based conglomerate Fraser & Neave Ltd. stunted its growth in the region. “It has been frustrating especially since we sold our shares in F&N,” Hiroshi Fujikawa, Kirin’s managing director for the region, said in an […]