The world’s biggest beer brewer Anheuser-Busch InBev (AB InBev) saw its shares plunge 10.59% on Thursday, the most since its inward listing on the JSE in January 2016, after cutting its interim dividend to pay off debt. The sell-off wiped off about R256bn of AB InBev’s market capitalisation, nearly equal to the market value of Standard Bank, Africa’s largest bank. If you are already a subscriber, please click on the following link to go to the full article: AB InBev share price sinks on dividend cut If you would like to subscribe to BusinessLIVE to read the full story, please click here.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.