China’s biggest foreign brewer, Anheuser-Busch InBev, is considering an initial public offering of its Asian operations, Bloomberg reports. . Such a move might raise more than $5 billion and help it reduce its debt, a goal since its purchased SABMiller for more than $100 billion in 2016.
The company recently halved its dividend after missing earnings expectations. ABI holds a 16% share in China’s beer market.