HONG KONG: Anheuser-Busch InBev NV is aiming to raise about US$5bil 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. On Thursday, the company said the resumed listing application involves its minority stake in Budweiser Brewing Company APAC Ltd., without its Australian operations, which it agreed to sell to Asahi Group Holdings Ltd for US$11.3bil shortly after shelving the IPO in July.
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