BRIEF-Anheuser-Busch Says Announces Offer Price And Allotment Results Of The IPO Of Budweiser APAC
Sept 26 (Reuters) - Anheuser Busch Inbev Sa:
* ANHEUSER-BUSCH INBEV ANNOUNCES OFFER PRICE AND ALLOTMENT RESULTS OF THE IPO OF BUDWEISER APAC ON THE HONG KONG STOCK EXCHANGE
* OFFER PRICE HAS BEEN DETERMINED AT 27.00 HKD PER OFFER SHARE
* SHARES INITIALLY OFFERED UNDER HONG KONG PUBLIC OFFERING OF BUDWEISER APAC HAVE BEEN OVER-SUBSCRIBED
* ANHEUSER BUSCH - AB INBEV ESTIMATES NET PROCEEDS OF THIS OFFERING TO BE APPROXIMATELY 38.2 BILLION HKD (APPROXIMATELY 4.9 BILLION USD)
* ANHEUSER BUSCH INBEV - BUDWEISER APAC PARTIALLY EXERCISED OFFER SIZE ADJUSTMENT OPTION RAISING OFFERING TO TOTAL OF 1.45 BILLION SHARES TO COVER MARKET DEMAND.
* ANHEUSER BUSCH INBEV - FINAL NUMBER OF OFFER SHARES UNDER HONG KONG PUBLIC OFFERING IS 72.6 MILLION OFFER SHARES
* ANHEUSER BUSCH INBEV- FINAL NUMBER OF OFFER SHARES UNDER HONG KONG PUBLIC OFFERING IS 72.6 MILLION OFFER SHARES
* IF OVER-ALLOTMENT OPTION IS EXERCISED IN FULL, AB INBEV WILL CONTROL 87.22% AS AT END OF EXERCISE PERIOD
* SAYS AB INBEV ESTIMATES ADDITIONAL NET PROCEEDS WOULD BE APPROXIMATELY 5.8 BILLION HKD
* IF OVER-ALLOTMENT OPTION IS NOT EXERCISED AT ALL, AB INBEV WILL CONTROL 88.86% AS AT END OF EXERCISE PERIOD
* SAYS AB INBEV INTENDS TO APPLY ALL OF NET PROCEEDS FROM OFFERING TO REPAY DEBT.
* FINAL NUMBER OF OFFER SHARES ALLOCATED TO PLACEES UNDER INTERNATIONAL OFFERING IS 1.38 BILLION OFFER SHARES
* AB INBEV WILL CONTROL A MAJORITY OWNERSHIP OF BUDWEISER APAC Further company coverage:
