June 5: Metal Container Corporation, the US-based canmaking division that is one of the non-brewing assets of Anheuser-Busch InBev, could be sold soon, and possibly before the end of the month.

After the acquisition last year of North America’s largest brewer Anheuser-Busch (St Louis, Missouri) by InBev (The Netherlands) in a deal worth $52 billion, A-B InBev – which by far is the largest brewer in the world – committed to focusing on its core brewing activities, reducing costs, and paying down a huge debt mountain.

In addition to a number of cost-cutting initiatives introduced by chief executive Carlos Brito, A-B InBev said it would be selling off assets worth $7bn, $1.8bn of which was met by the recent sale of a share in Oriental Breweries in Korea.
 
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