BRUSSELS - Anheuser-Busch InBev, the world’s largest brewer, confirmed reports on Tuesday that it was looking into listing a minority stake in its Asian operations in order to create a leading regional consumer goods company.
The brewer of Budweiser, Corona and Stella Artois is saddled with more than $100 billion in debt after its 2016 purchase of nearest rival SABMiller and ultimately wants to bring its core profit ratio down to 2 from 4.6 at the end of 2018. “Furthermore, our superior portfolio of brands and leadership position in the beer industry provide an attractive platform for potential M&A in the region,” it said.
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Source: Reuters - 🏆 2. / 97 Read more »