The world's biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks working on the sale of its Asia-Pacific business.
LONDON: Anheuser-Busch InBev NV (AB InBev) is weighing an initial public offering (IPO) of its Asian unit as the world’s largest brewer jockeys for position in a massive consumer market where rivals are piling in via local alliances.
The brewer confirmed that it might sell a minority stake in its Asia-Pacific business and list the shares on the Hong Kong Stock Exchange.
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