The Asia-Pacific unit of Budweiser Brewing Company has raised US$5.7 billion from its IPO, making it the second-largest in the world in 2019 and the largest to date in Hong Kong, where it was listed.
Budweiser APAC offered a minority stake to investors for HK$27 (₹244) per share and continues to hold 87.2% of the issued share capital. The company had exercised its over-allotment option and issued an additional 217.7 million shares, bringing the total offering amount to 1.4 billion shares.
