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4 Current news from Hong Kong
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Swire Coca-Cola Announces Agreement to Acquire Coca-Cola Bottling Businesses in Vietnam and Cambodia
The Company’s First Foray into South East Asia
20-Jul-2022
Swire Coca-Cola Limited, a wholly-owned subsidiary of Swire Pacific Limited (HKSE: 00019/00087), today announced that it has reached a definitive agreement to acquire Coca-Cola subsidiaries with bottling businesses in Vietnam and Cambodia.The transactions will be Swire Coca-Cola's first ...
AB Inbev wants to raise five billion dollars by going public in Asia
12-Sep-2019
According to Kreisen, the world's largest beer brewer AB Inbev wants to raise about 5 billion US dollars (about 4.5 billion euros) with its new plan for the IPO of the Asian division. The Belgian group is currently testing the interest of investors and could publish details next week, the news ...
Budweiser brewer sells Australian unit to pay off debt
22-Jul-2019
AB Inbev, the world's biggest brewer with brands like Budweiser and Corona, is selling its unit in Australia to reduce debt after it decided against listing shares in Asia. The company said Friday it is selling Carlton & United Breweries for $16 billion AUD ($11.3 billion) to Japanese rival Asahi ...
AB Inbev blows off IPO of the Asia division
16-Jul-2019
AB Inbev, the world's largest beer brewer, is breaking off the planned IPO of its Asian business. In a statement released on Friday evening, the company referred to several factors, including the prevailing market conditions. In New York, the share price of AB Inbev slowed an initial reaction by ...
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