SINGAPORE (Dec 3): Something is brewing at Thai Beverage.

In a regulatory filing on Nov 29, the spirits, beer and non-alcoholic beverages producer confirmed it is “evaluating strategic proposals and opportunities”, including a potential spin-off and listing of its US$10 billion ($13.7 billion) beer business.

The initial public offering (IPO) is said to potentially include ThaiBev’s brewery assets in Thailand and Vietnam.

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