The IPO will give Budweiser Asia a market capitalisation of up to US$63.7 billion. Photo: AFP

Beer giant AB InBev seeks US$9.8 billion from Hong Kong listing of Budweiser Asia in world’s largest IPO of the year

  • Budweiser Brewing Company APAC, which owns more than 50 beer brands, is selling 1.6 billion primary shares at between HK$40 and HK$47
  • The deal will be a welcome boost to Hong Kong, which is lagging behind the New York Stock Exchange and Nasdaq in terms of IPOs this year
Topic |   IPO

TOP PICKS

The IPO will give Budweiser Asia a market capitalisation of up to US$63.7 billion. Photo: AFP
READ FULL ARTICLE