Budweiser brewer AB InBev is exploring a sale of some international assets to cut its debt pile after calling off an Asia IPO
By Jennifer Maloney and Saabira Chaudhuri July 18, 2019 12:26 pm ET Anheuser-Busch InBev SA is considering selling off business units in South Korea, Australia and Central America to cut its massive debt pile as it pursues a backup plan after calling off the listing of its Asian business, according to people familiar with the matter.
AB InBev, which makes one out of every four beers sold world-wide, owns hundreds of brands in dozens of countries after a global buying spree that gave it Budweiser, Stella Artois and Corona. But the dealmaking also saddled the company with more than $100 billion in debt at a time that global beer sales are slowing.
Another option on the table is again cutting AB InBev’s dividend, which was halved last fall, but some board members are reluctant to do this, the people familiar with the matter said. The company currently pays about $4 billion in annual dividends.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
To Celebrate the Moon Landing, A Hawaii Brewer Uses Space Dust to Create an 'Interplanetary Ale'Media outlets around the country are celebrating the 50th anniversary of the moon landing this month, but perhaps the most interesting tribute is being offered up by, of all people, a brewer in Hawaii, who is releasing a beer that he made using a yeast strain from outer space.
Leer más »
Cardi B's Role in 'Hustlers' Might Be Super Small, FYIAccording to her co-star Madeline Brewer, Cardi B only did one day of filming on the movie, which means she'll probably be in a scene or two.
Leer más »
Takeda kicks off sale of Western European drugs: sourcesJapan's Takeda Pharmaceutical Co has reached out to prospective bi...
Leer más »
Prime Day sale: Save time and money, get a Crock-Pot for 35 percent offAmazonPrimeDay sale: Save time and money, get a Crock-Pot for 35 percent off PrimeDayAmazon
Leer más »
The Dyson Air Purifier Is On Sale For $200 Off On Amazon Prime DayThis is unheard of...
Leer más »
To Celebrate the Moon Landing, A Hawaii Brewer Uses Space Dust to Create an 'Interplanetary Ale'Media outlets around the country are celebrating the 50th anniversary of the moon landing this month, but perhaps the most interesting tribute is being offered up by, of all people, a brewer in Hawaii, who is releasing a beer that he made using a yeast strain from outer space.
Leer más »