Shares of Anheuser-Busch InBev jumped Friday morning after the company confirmed the sale of its Australian business, a week after it called off the initial public offering of its Asian business.
The world's largest brewer is also interested in a public offering of a minority stake of its Asian business.
An employee adjusts bottles of Bud Light brand beer at an Anheuser-Busch InBev NV facility in Williamsburg, Virginia, U.S., on Wednesday, Aug. 8, 2018.jumped Friday morning after the company confirmed the sale of its Australian business and said it was still interested in an initial public offering of its Asian business.
, which would have included Carlton & United Breweries, citing market conditions. AB InBev was planning to use proceeds from the public offering to pay down the debt from its 2016 acquisition of SABMiller.
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