Mega-brewery AB InBev is considering being listed on the Johannesburg Stock Exchange (JSE) from mid-January 2016, reveals the group in a press release on Monday. It was approved by the financial markets supervisory authority of SARB (South African Reserve Bank).
AB InBev says the IPO shows their “commitment to South Africa and to Africa in general, essential markets for the development” of the group formed by the merger of AB In Bev with the other mega-brewery, SABMiller. It will also allow “South African investors to be actively involved in growing AB InBev”.
Christopher Vincent (Source: Belga)