Brewing giant InBev latest €8.6bn plan for shares sale

Brewing giant Anheuser-Busch InBev (AB) is seeking to raise up to $9.8bn (€8.6bn) by listing its Asia-Pacific business in Hong Kong, marking what would be the world’s largest initial public offering this year.

Budweiser Brewing Company Apac, whose portfolio of more than 50 beer brands includes Stella Artois and Corona, is selling 1.6 billion primary shares at between HK$40 (€4.50) to KK$47 apiece, according to termsheets seen by Reuters.