Deals
Anheuser-Busch InBev Soars on Possible IPO of Asian Business
- Shares rise 7.2%, most since September 2015, as it weighs deal
- Budweiser owner seeks to reduce debt after SABMiller takeover
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Anheuser-Busch InBev NV shares jumped the most since 2015 after people with knowledge of the matter said the world’s largest brewer is considering an initial public offering of its Asian operations as a way to unlock value after a string of acquisitions left it saddled with debt.
The Leuven, Belgium-based maker of Budweiser has been talking with potential advisers about the possibility of listing its Asian business, according to the people. Any deal could raise more than $5 billion, the people said, asking not to be identified as the information is private.