US: A-B InBev looks to raise investment via ADR
Launching the programme today (01 July), A-B InBev said that each ADR would equate to one ordinary share of common stock in the group.
The brewer's chief financial officer, Felipe Dutra, said: "We are seeing significant interest in our stock in the US and establishing this ADR programme will facilitate ownership for a broader range of investors."
ADRs are commonly used by foreign companies operating within the US.
The Bank of New York Mellon will administer the ADR for A-B InBev.
Also today, A-B InBev announced that it has agreed to sell four beverage can plants to Ball Corporation for US$577m.
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