Skip to main content

Market Overview

Report: Anheuser-Busch InBev Could Sell Korean, Australian Units

Share:
Report: Anheuser-Busch InBev Could Sell Korean, Australian Units

Anheuser-Busch InBev SA (NYSE: BUD) could be selling off its South Korean, Australia and Central America units in order to cut its debt pile, according to The Wall Street Journal.

Last week, the company called off the planned IPO of its Asian business for which it was aiming to raise $10 billion.

Anheuser-Busch shares traded at $89.51 at time of publication.

Related Links:

IPO Expert On AB InBev's Canceled Go-Public Plan: It Wasn't Clear From Day One

AbbVie Acquires Mavupharma For Undisclosed Amount

 

Related Articles (BUD)

View Comments and Join the Discussion!

Posted-In: News Asset Sales Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com