The owner of Budweiser and Stella Artois has fired the starting gun on what is expected to be the largest stock market float of the year and the biggest ever in the food and drink industry.
Anheuser-Busch Inbev, the world’s largest brewer, is seeking to raise as much as $9.8 billion by floating its Asia-Pacific business in Hong Kong. It is expected to use the proceeds to pay off some of its $100 billion debt and to make acquisitions in the region.
The owner of Budweiser and Stella Artois has fired the starting gun on what is expected to be the largest stock market float of the year and the biggest ever in the food and drink industry.
Anheuser-Busch Inbev, the world’s largest brewer, is seeking to raise as much as $9.8 billion by floating its Asia-Pacific business in Hong Kong. It is expected to use the proceeds to pay off some of its $100 billion debt and to make acquisitions in the region.
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