A-B Sells Minority Stake in Can Plants

Dear Client:  Anheuser-Busch InBev, which is doing all it can to pay down it's heavy debt after acquiring SABMiller, has announced its decision to sell 49.9% of its U.S. metal can plants for around $3 billion to a "consortium of institutional investors led and/or advised by affiliates of Apollo Global Management, Inc. (NYSE: APO)."   As aluminum cans have become as rare and valuable as unicorns, ABI apparently made the strategic financial decision to make hay while the sun is shining