Budweiser initially hoped to raise as much as US$9.8 billion. Photo: ReutersBudweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters
Budweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters
Business /  Companies

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
Topic |   IPO
Chad Bray
Chad Bray

Updated: 4:40pm, 23 Sep, 2019

Why you can trust SCMP
Budweiser initially hoped to raise as much as US$9.8 billion. Photo: ReutersBudweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters
Budweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters
READ FULL ARTICLE