AB InBev Asia guides IPO investors to bottom end

Beer (resized 230)
By Jonathan Breen
11 Jul 2019

Budweiser Brewing Co Apac was set to price its multi-billion-dollar Hong Kong IPO at the bottom of guidance on Thursday, according to a banker on the deal.

Joint sponsors JP Morgan and Morgan Stanley were wrapping up a nine-day roadshow as GlobalCapital Asia went to press on Thursday, working alongside global co-ordinators Bank of America and Deutsche Bank.

But by early in the week the book was already overflowing, with orders pouring in from long-only ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial