Anheuser-Busch InBev has agreed to buy back a 49.9% stake in its US metal container operations from a consortium of institutional investors led and advised by Apollo Global Management in a deal valued at approximately $3bn, according to a report by Bloomberg.
The brewer will fund the transaction using cash on hand. The assets comprise seven metal packaging plants across six US states and are considered a core part of AB InBev’s domestic supply chain. The transaction is expected to complete in th...
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