After the abandoned plans to take Budweiser Brewing Corporation APAC (“Budweiser” in short) to the public market just 2 months ago, Budweiser is once again making an attempt at listing it’s shares on the Hong Kong stock exchange.
According to Reuters, the listing comes at an important time for the Hong Kong Stock Exchange when China’s flagship e-commerce giant Alibaba Group Holding Ltd (BABA.N) intends to shelve aside a Hong Kong listing worth up to US$15 billion amid ongoing protests there.
As such, Budweiser’s IPO listing is being watched with a keen eye in the investment community around the world.
For your convenience, we have distilled the prospectus into 6 top things you need to know:
#1 – IPO Details
Based on the listing price of HKD 27 per share (or around US$3.45 per share), Budweiser’s IPO is expected to raise up to HKD 39.2 Billion (~US$5 Billion) for the