Anheuser-Busch InBev SA/NV will reacquire a 49.9% stake in its US metal container plants from a consortium of institutional investors led and advised by Apollo Global Management in a deal estimated to be around $3 billion.
The US metal container plant operations include seven facilities across six states. It will fund the purchase with cash on hand and is expected to close the deal in the first quarter this year, the company said in a statement.
The company had previously sold the stake to Apollo for $3 billion in 2020 in a deal aimed at helping the Budweiser brewer pay down debt.
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