Budweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters
IPO
Budweiser to raise US$4.8 billion in world’s second largest IPO, adds Singapore sovereign wealth fund GIC as investor
- IPO will be second-biggest globally after Uber’s US$8.1 billion listing in May
- Revived listing comes after Budweiser Brewing Company APAC scrapped its offering in July as protests, trade war intensified
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IPO
Budweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters