Report: Anheuser-Busch InBev Could Sell Korean, Australian Units

Anheuser-Busch InBev SA BUD could be selling off its South Korean, Australia and Central America units in order to cut its debt pile, according to The Wall Street Journal.

Last week, the company called off the planned IPO of its Asian business for which it was aiming to raise $10 billion.

Anheuser-Busch shares traded at $89.51 at time of publication.

Related Links:

IPO Expert On AB InBev's Canceled Go-Public Plan: It Wasn't Clear From Day One

AbbVie Acquires Mavupharma For Undisclosed Amount

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!