Budweiser Brewing defers IPO pricing

Business | 12 Jul 2019 7:38 pm

Budweiser Brewing Company APAC (1876), the Asia-Pacific business of Anheuser-Busch InBev, will not price its initial public offering of up to US$9.8 billion today as planned, said two people with knowledge of the matter, Reuters reports.

Budweiser APAC, whose portfolio of more than 50 beer brands includes Stella Artois and Corona, guided potential investors toward the bottom of a marketed pricing range for its Hong Kong float, which would be the world’s biggest IPO this year.

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