Heard on the Street: Anheuser-Busch InBev’s latest attempt to list its Asian business should go down easier
The world’s largest brewer is taking another shot at an initial public offering of its Asian business. It should taste better this time.
Budweiser Brewing, the division of Anheuser-Busch InBev responsible for much of East and Southern Asia, has filed to list in Hong Kong again. The company, which sells beer brands such as Budweiser and Stella Artois, canceled a similar project two months ago, citing reasons including prevailing market conditions. The previous plan to raise up to $9.8 billion would have been the world’s largest...
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