AB InBev buys back stake in US-based metal container plants for $3 billion

Jan 6 (Reuters) – Anheuser-Busch InBev will buy back a 49.9% stake in its metal container plants in the United States for about $3 billion, the world's top brewer said on Tuesday. AB InBev said in a statement the repurchase option will be funded with cash-on-hand and it expects to close the transaction in the first quarter this year. It expects the deal to be earnings-per-share (EPS) accretive in year one. The group had sold the stake to a group of institutional investors led by private-equity firm Apollo Global Management in 2020 for $3 billion. (Reporting by Alessandro Parodi, editing by Christian Schmollinger)

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