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AB InBev Shelves U.K. Expansion Amid Brexit Uncertainty

  • Brewer was in advanced talks to take more space at London site
  • Deal has been put on hold as EU exit approaches, people say
Inside The Anheuser-Busch InBev NV Budweiser Bottling Facility Ahead Of Earnings Figures
Photographer: Luke Sharrett/Bloomberg
Updated on

Brewing giant Anheuser-Busch InBev SA has put on hold plans to roughly double the size of its U.K. headquarters as growing Brexit uncertainty weighs on investment decisions.

The Belgian company, which owns beer brands including Budweiser and Corona, was in advanced talks to lease all of the additional space in London’s Bureau building, where it already occupies the top four floors, two people with knowledge of the matter said.