ABI Sells Australia Business Unit to Asahi for $11.3 Billion

Dear Client: Well, that was fast. Yesterday, rumors started to surface that Anheuser-Busch InBev was considering selling off some business units, like its Australia subsidiary to Asahi. Then in the wee hours of the morning, it happened.  ABI has cut a deal to sell its Australian business, Carlton and United, to Asahi for $11.3 billion. The transaction is expected to close in the first quarter of 2020. It's a good start for ABI, who reportedly hopes to cut down their