Potential Sabeco bidder Fraser and Neave says Vinamilk valuation is benchmark

Potential Sabeco bidder Fraser and Neave says Vinamilk valuation is benchmark

Sabeco's Saigon beers are display for sale in a market in Hanoi, Vietnam April 17, 2017. Picture taken April 17, 2017. Reuters.

A potential bidder for Saigon Beer Alcohol Beverage Corp. says Vietnam’s biggest brewer is too expensive at its current share price and the valuation of the nation’s largest consumer company should be the benchmark.

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