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/PRNewswire/ Firmenich International SA ("Firmenich"), the world s largest privately-owned fragrance and flavour company, is announcing its first quarter.
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Apollo-Led Consortium to Acquire 49.9 Percent Interest in Anheuser-Busch InBev’s US-Based Metal .
Apollo Global Management, Inc.December 23, 2020 GMT
NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO ) today announced that accounts and entities advised by Apollo and its subsidiaries (collectively “Apollo”) and a group of institutional investors have entered into a strategic relationship with Anheuser-Busch InBev SA/NV (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) (“AB InBev”) to acquire a 49.9% stake in Anheuser-Busch InBev’s US-based metal container plants for approximately 3 billion USD. This transaction, once completed, will allow AB InBev to create additional shareholder value by optimizing its business at an attractive price and generate proceeds to repay debt, in line with its deleveraging commitments.