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Budweiser maker AB InBev’s Asia unit raises $5 bn via IPO
Photo Credit: Reuters

Anheuser-Busch InBev (AB InBev) (ABI.BR) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at the bottom of an indicative range, two sources with direct knowledge of the matter told Reuters.

The brewing giant, which in July tried to raise up to $9.8 billion through an initial public offering (IPO) of Budweiser Brewing Company APAC Ltd, priced shares at the lower end of the HK$27 and HK$30 per share indicative range, they said.

Budweiser APAC (1876.HK) declined to comment.

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