Deals Rumor Mill: AB InBev, AT&T, Axalta

By Adam Rhodes (July 18, 2019, 7:06 PM EDT) -- AB InBev is mulling selling off assets after the company scrapped a planned Hong Kong offering of its Asia Pacific unit, the Wall Street Journal reported on Thursday. According to the report, the brewing giant could sell subsidiaries in Australia, Central America and South Korea to trim its debt. Citing anonymous sources, Bloomberg reported that the company wants upward of $10 billion for the assets. The brewing giant scrapped the planned offering on July 12, citing "the prevailing market conditions" in a brief statement. Reuters previously reported that the company wanted to raise as much as $9.8 billion in the Hong Kong offering, which Reuters said could have been the world's largest so far this year....

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