Anheuser-Busch InBev still has hopes of putting its Asian business up for an initial public offering in Hong Kong, two months after it withdrew a $9.8 billion deal citing unfavourable market conditions, the Belgian brewing giant said on Thursday.
Although it hasn't specified when it will relaunch the deal and said it could give no assurance that the transaction will be completed, Budweiser APAC, AB InBev’s Asian arm, has all the same filed an updated preliminary prospectus on the Hong Kong stock exchange.
AB InBev's plan to bring back its Asian business for a partial sale comes at an...