AB InBev beer brewery is selling its Australian brand Carlton & United Breweries. The Japanese beverage manufacturer Asahi Group accounts for 16 billion Australian dollars, around 10 billion euros. Asahi may also market AB InBev’s international brands in Australia as a result of the deal.

AB InBev wants to use the proceeds to pay off debts. This makes the company, according to the world’s largest brewer, more interesting for its shareholders. This also makes it easier for AB InBev to invest in new growth markets.

The Belgian-American AB InBev continues to believe in the strategy to get rid of a minority interest in its Asian branch. Earlier this week, the company canceled the IPO of that company at the Hong Kong stock exchange due to weak demand.

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