RSS
Print This Post Print This Post

Anheuser-Busch InBev Set To Pull Off World’s 2nd Largest IPO Of 2019

AnheuserBusch InBev Beers

The World’s 2nd Largest IPO This Year Comes From A Beer Company.

The brewer of Budweiser, Stella, Becks and more, announced that it has priced the initial public offering for its Asia business at 27 Hong Kong dollars ($3.44) a share, giving it a market value of $45.6 billion. AB InBev, the world’s largest brewer, expects to raise about $5 billion, making it the second largest public offering this year after Uber’s $8.1 billion IPO in May. Trading is expected to begin September 30th.

AB InBev said that the company “Intends to apply all of the net proceeds from the offering to repay debt.”

AB InBev became the world’s largest brewer by borrowing money to fund a series of acquisitions, including the mega purchase of SABMiller in 2018.

Share

Tags: ,

Leave a Reply


Featured Properties

Ads

REAL HAPPENINGS

Commercial Investment Division Changes Name

Commercial Investment Division Changes Name

RASM Commercial Division Now Know As Commercial Real Estate Alliance. The Realtor Association of[...]
December 3, 2019 GivingTuesday

December 3, 2019 GivingTuesday

Join the GivingTuesday Movement. GivingTuesday is a global generosity movement unleashing the po[...]
Payne Park Skate Park Now Free To Public

Payne Park Skate Park Now Free To Public

Previous Payne Park User Fee Is Eliminated. Admission to the skate park at Payne Park is now fre[...]
December 3, 2019 Wine And Design

December 3, 2019 Wine And Design

Holiday Splendor - Floral Design Workshop. Join Selby Gardens for Wine & Design a floral design [...]
November 30, 2019 Breakfast With The Sharks

November 30, 2019 Breakfast With The Sharks

Start Your Day With Sharks! Rise & dive! Start your day with our sharks before the Aquarium open[...]
November 28, 2019 Florida Turkey Trot

November 28, 2019 Florida Turkey Trot

Thanksgiving 5K Turkey Trot. Fit2Run and Nathan Benderson Park are coming together to provide a [...]
March 8-14 2020 Sarasota Jazz Festival

March 8-14 2020 Sarasota Jazz Festival

40th Anniversary Sarasota Jazz Festival. The Jazz Club of Sarasota marks its 40th anniversary on[...]
Public Service Announcement

Public Service Announcement

New Data Breach At Macy's. Department store chain Macy's was the victim of a data breach that co[...]
November 20, 2019 Explore Sarasota's Celery Fields

November 20, 2019 Explore Sarasota's Celery Fields

Guided Tour Of Celery Fields. Why is it called Celery Fields? Why is Celery Fields so popular? A[...]
November 18, 2019 - April 27, 2020 Bayfront Gardens Tour

November 18, 2019 - April 27, 2020 Bayfront Gardens Tour

The Ringling Introduces Gardens Walking Tour. This walking tour will introduce you to interestin[...]
November 20, 2019 Bobby Jones Golf Club Workshop

November 20, 2019 Bobby Jones Golf Club Workshop

Public Workshop Presented by Kimley-Horn and Associates. This workshop will focus on park-relate[...]
November 15-16 Brundibár

November 15-16 Brundibár

Sarasota Youth Opera Presents Historic Children’s Opera. Sarasota Youth Opera presents a reviva[...]
November 11, 2019 Veterans Day

November 11, 2019 Veterans Day

Tomb Of The Unknowns And Veterans Day. Official, national ceremonies for Veterans Day center aro[...]
Michael Saunders & Company Adds New Agent

Michael Saunders & Company Adds New Agent

Brian Wood Joins Michael Saunders & Company. Michael Saunders & Company announced that Brian Woo[...]
Florida Studio Theatre Receives $45,000 Grant

Florida Studio Theatre Receives $45,000 Grant

Gulf Coast Community Foundation Awards Arts Appreciation Grant. Florida Studio Theatre was awar[...]
November 7, 2019 Ringling Underground

November 7, 2019 Ringling Underground

Ringling Underground. Enjoy live music, and art in the Museum of Art Courtyard 8:00pm -11:00pm. [...]
Public Service Announcement

Public Service Announcement

User After Free Vulnerability - Google Chrome. Google has issued an update to its Chrome browser[...]
Sarasota Orchestra Receives $50,000 Grant

Sarasota Orchestra Receives $50,000 Grant

Gulf Coast Community Foundation Awards Arts Appreciation Grant. The Sarasota Orchestra was awar[...]
November 3, 2019 Daylight Savings Time

November 3, 2019 Daylight Savings Time

Daylight Savings Time Can Be Dangerous! Did you set your clocks back? At 5pm virtually everyone [...]
November 8-10, 2019 Sarasota MOD

November 8-10, 2019 Sarasota MOD

Sarasota Architectural Foundation's MOD Weekend Returns. Mark your calendars for November 8-10,[...]
Translate »