Anheuser-Busch InBev to Repurchase $3 Billion Stake in US Metal Container Plants
Anheuser-Busch InBev has announced a $3 billion buyback of a 49.9% stake in its US metal container plants from Apollo Global Management-led investors. The transaction is expected to enhance earnings per share in the first year.
Insights:
Anheuser-Busch InBev SA/NV has announced it will repurchase a 49.9% stake in its U.S. metal container plants for $3 billion. This decision exercises a repurchase option from a 2020 agreement with Apollo Global Management Inc and its investor group. The transaction, set to close in the first quarter, involves seven facilities across six U.S. states and is expected to be funded with cash.
