The sale to Japan's Asahi "puts the Asia IPO misstep to bed with the company both deleveraging and getting a rich multiple for a developed market business."
The offering had been expected to raise up to $9.8 billion but investors apparently balked at AB InBev's valuation of Budweiser APAC.
Anheuser-Busch InBev is hoping to raise $9.8 billion from a Hong Kong listing of its Asia-pacific unit.
The world’s largest soft drink maker will buy the assets from Anheuser-Busch and refranchise operations to new partners.
The $7.8 billion acquisition of Pilsner Urquell and other brands continues the Japanese brewer's push to build its overseas business.
The SEC says the brewer's Indian unit used third-party sales promoters to make improper payments to government officials.
The beer giant reports an 18% drop in full-year profit ahead of its $108 billion merger with rival Anheuser-Busch InBev.
While SABMiller said AB InBev's revised $104 billion offer is inadequate, Wall Street appears optimistic a deal will eventually be done.
The ratings agency says the brewer's bonds could be downgraded to junk if it acquires SABMiller with debt only.
A merger of the two companies would create a brewing behemoth but could face antitrust hurdles in the U.S.
Craft brewers and beer behemoths battle over how to reduce the beer excise tax.
As craft beers multiply, brewers need growth strategies with an edge.
