Thai Beverage Watchlist
ThaiBev BeerCo Pre-IPO - Back for Another Round
Equity Capital Markets
577 Views, 11 May 2022 09:44
- On 5th May 2022, Thai Beverage announced that BeerCo will resume its Proposed Spin-off Listing. This time the company is aiming to raise less than US$1bn, as per media reports.
- We have looked at various aspects of the deal earlier, as the company had tried to spin-off BeerCo in 2021 as well before finally calling it off in April 2021.
- In this note, we talk about the recent updates for BeerCo.