Anheuser-Busch InBev (AB InBev) has announced that it has exercised its right to buy back the 49.9% minority stake in its metal packaging plants in the United States, previously held by a consortium of institutional investors led or advised by Apollo Global Management, for an estimated value of $3 billion.
AB InBev’s U.S. metal packaging operations include seven plants spread across six states, considered strategic to the business, ensuring quality, cost efficiency, rapid innovation, and security of supply for its brands. These facilities also generate industry-leading jobs and contribute to local economic growth in the communities where they operate.
The buyback will be financed with available cash, following AB InBev’s capital allocation framework, aimed at maximizing long-term value for shareholders. The company expects the transaction to be accretive to earnings per share (EPS) from the first year and, subject to customary closing conditions, the transaction is expected to close in the first quarter of 20
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