Budweiser to focus on growing high-end beer market, acquisitions in Asia

//Budweiser to focus on growing high-end beer market, acquisitions in Asia

Budweiser to focus on growing high-end beer market, acquisitions in Asia

Budweiser Brewing Company APAC, the Asian business of Belgian beer giant Anheuser-Busch InBev (AB InBev), will focus on growing its premium brands while seeking opportunities to partner with or acquire local brewers, company officials said on Thursday.Budweiser, the largest beer company in Asia-Pacific by sales last year, is in the process of raising up to US$9.8 billion in a Hong Kong listing, which is set to surpass Uber to become the world’s largest initial public offering this year.“We want…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-07-04T11:45:24+00:00 July 4th, 2019|Business|Comments Off on Budweiser to focus on growing high-end beer market, acquisitions in Asia