Windfall of R9.7bn for AB InBev BEE scheme investors
17 February 2020 - 09:04
More than 40,000 black investors and employees at AB InBev (AB InBev) will share a R9.7bn windfall from a BEE scheme launched a decade ago.
When the scheme matures in April, employees and black-owned liquor retailers would have locked in a substantial increase in the share price of the company: those who invested R100 in the scheme will pocket a pretax payout of about R76,000, the world’s biggest brewer said on Monday...
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