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

Anheuser-Busch InBev SA 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

BUD Logo
BUDAnheuser-Busch InBev SA/NV
$67.610.13%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
77.94
Growth
33.34
Quality
14.31
Value
29.59
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...