Budweiser Brewing Company APAC is targeting a valuation of $70 billion and aiming to list by July
ByThe Asian business of beer giant Anheuser-Busch InBev Group on Friday filed an application to list on the Hong Kong stock exchange, moving closer toward a multibillion-dollar initial public offering later this year.
The unit, called Budweiser Brewing Company APAC Ltd., produces, imports and sells more than 50 beer brands including its namesake Budweiser, Stella Artois, Corona, Hoegaarden and others. It said in a filing to the exchange that it is the largest beer company in the Asia Pacific by retail sales value and one of...
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