Anheuser-Busch InBev NV kicked off the Hong Kong initial public offering of its Asian unit, valued at as much as $4.8 billion, on Wednesday in a sign the pipeline is coming to life after a quieter-than-usual summer.
Budweiser Brewing Company APAC Ltd. is returning to the market just two months after shelving its previous attempt to raise as much as $9.8 billion in a Hong Kong IPO. The sale will test investor sentiment after a drought of listings in the financial center that has been rocked by anti-government protests. No listing of over $100 million has been completed since early July, data compiled by Bloomberg show.