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RedHotStocks
Jul 2, 2019 7:05 PM

IPO TO GIVE A ESTIMATED $9.8 BILLION BOOST TO BUD Long

Anheuser-Busch Inbev SA SponsoredNYSE

Description

NEWS EVENT
Anheuser Busch Inbev (BR:ABI) NV ADR (NYSE:BUD) stock gained 1.1% after Bloomberg reported that the planned Hong Kong IPO of its Asia Pacific beer unit is priced in the HK$40 to HK$47 range. That means the IPO could raise as much as $9.8 billion. Trading is expected to start on July 19.
Comments
ChristopherCarrollSmith
Very successful prediction.
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