AB InBev Asia delays pricing the largest IPO

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Investors linked the postponement of the initial public offering of shares of the Asian business AB InBev with a high price, although the company's explanations boiled down to poor market conditions. AB InBev, the world's largest brewing company, was preparing for an IPO this week on the Hong Kong Stock Exchange. A company seeking to reduce debt load, hoping to attract up to 9.8 billion dollars during the IPO. The capitalization of the unit at the end of the IPO could be close to 64 billion dollars. However, according to investors, the company’s cost was overvalued. As a result, small orders from US fund managers who prefer long positions disappointed the management of AB InBev. Most analysts believe that the delay in IPO is associated with a high price, and not with market conditions.

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