E.P.S. SA to Sell 10 Million Anheuser-Busch InBev Shares in Major Move
Key Details of the E.P.S. SA Share Sale
Overview of the Transaction
Aug 3 (Reuters) - Anheuser-Busch InBev's shareholder E.P.S. SA, a holding company representing some of the firm's shareholders, is selling about 10 million shares in the Belgian brewer, according JPMorgan Securities, the bookrunner of the placement.
Estimated Value of the Shares
The shares would be worth about 752 million euros ($867.21 million), according to Reuters calculations based on Anheuser-Busch InBev's closing price on Friday.
Placement Terms and Conditions
The bookrunner said in a statement on Monday that the final terms of the placement, including the price per share and the number of shares sold, will be determined later.
E.P.S. SA's Stake in Anheuser-Busch InBev
Current Shareholding
E.P.S. owns over 67 million shares in Anheuser-Busch InBev, about 3.75% of the company's outstanding stock, according to LSEG data.
Exchange Rate Reference
($1 = 0.8672 euros)
Reporting Information
(Reporting by Disha Mishra in Bengaluru)
