AB InBev targets US$5b in Asian unit’s Hong Kong IPO

Anheuser-Busch InBev NV is aiming to raise about US$5 billion in a Hong Kong listing of its Asian unit by the end of September.

HONG KONG: Anheuser-Busch InBev NV is aiming to raise about US$5 billion in a Hong Kong listing of its Asian unit by the end of September, people familiar with the matter said, reviving a plan scrapped two months ago for what would have been the world’s biggest initial public offering of 2019.

The Belgian brewer is gauging investor demand and will launch the deal as soon as next week, said the people, who asked not to be identified as the information is private.