Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 ...
) is seeking to raise up to $9.8 billion from a Hong Kong listing of its Asia-Pacific business, marking what would be the world’s largest initial public offering this year.
Budweiser Brewing Company APAC, which includes a portfolio of more than 50 beer brands in the region, is selling 1.6 billion primary shares at between HK$40-$47 apiece, according to termsheets seen by Reuters. Even at the low end of the price range, the IPO will be the biggest globally this year, outstripping the $8.1 billion raised in New York by Uber , data from Refinitiv shows.
The IPO pricing values Budweiser Asia at 16-18 times its enterprise value to EBITDA ratio, one termsheet shows.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This Trainer's Bosu Ball Workout Looks Ab-Torching, Core-Crunching, and Ready For YouA Bosu ball is a great fitness tool to challenge your balance — have you ever tried standing on one of these?! — and stability moving through an
Read more »
https://www.health.comGet energizing workout moves, healthy recipes, and advice on losing weight and feeling great from Health.com. Find out how to manage diabetes and depression, prevent heart attacks, and more.
Read more »
The World’s Largest Underwater Restaurant Is Finally Open And Now Taking ReservationsThe world’s largest underwater restaurant is finally open and now taking reservations
Read more »
Jim Cramer breaks down The RealReal's IPO and explains the right time pull the trigger'At a time when the department stores are being eaten alive, The RealReal could be poised to make a killing,' Jim Cramer says.
Read more »
EQT's largest shareholder sides with Rice nominees in proxy fightNatural gas producer EQT Corp's largest shareholder on Monday extended its ...
Read more »