AB InBev to float Asian business in 2019’s second biggest IPO
The initial public offering will be worth up to $6.6bn and will help the brewer reduce debts of more than $100bn
17 September 2019 - 18:29
Hong Kong — AB InBev will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an initial public offering (IPO) worth up to $6.6bn that could be the world’s second-largest flotation in 2019.
The brewing giant, which, in July, tried to raise up to $9.8bn through an IPO of Budweiser Brewing Company APAC, said on Tuesday it would offer 1.3-billion shares at between HK$27 and HK$30 ($3.45-$3.83) a piece...
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