LONDON (Reuters) – Anheuser-Busch InBev’s shares were suspended from trading on Thursday pending the publication of a press release, Belgium’s Financial Services and Markets Authority (FSMA) said without elaborating. The news comes after U.S. cigarette maker Altria said on Wednesday it would cut its around 10% stake in AB InBev, the world’s largest brewer, selling […]
Tag: InBev
Altria Plans to Sell More Than $2 Billion of AB InBev Shares
(Bloomberg) — Altria Group Inc. is seeking to sell a portion of its stake in Anheuser-Busch InBev SA for as much as $2.2 billion to help fund its own share repurchases. Most Read from Bloomberg Altria, which sells Marlboro cigarettes in the US, owns about 10% the beermaker. It will sell the AB InBev stock […]
Investment billionaire hands son his $6.1 billion stake in the world’s biggest brewer—embattled AB InBev
Brazilian billionaire investor Marcel Herrmann Telles is getting his succession planning underway: He’s donated his stake in the world’s largest beer maker, Anheuser-Busch InBev SA, to his son. Telles and his partners Jorge Paulo Lemann and Carlos Sicupira, who together founded the private equity firm 3G Capital, own around a third of AB InBev. Telles’s […]