Budweiser brewer Anheuser-Busch InBev SA confirmed plans for a potential public listing of its Asia arm, as the world’s largest beer company reported better-than-expected first-quarter earnings.
The Belgium-based company—which also owns Stella Artois globally and Corona outside the U.S.—said Tuesday it is exploring a listing of a minority stake of its Asia-Pacific business on the Hong Kong stock exchange. It said the move would help reduce its enormous debt pile, create a regional consumer-goods champion and give it a platform...
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »