AB InBev repurchases minority stake in US metal can operations

Anheuser-Busch InBev (AB InBev) has exercised its option to repurchase the 49.9% minority stake in its US-based metal container plants from a consortium led by Apollo Global Management, completing a transaction valued at ~$3 billion.

The repurchase reverses a transaction completed at the end of 2020, when AB InBev sold the same minority stake to support balance sheet deleveraging during the first year of the COVID-19 pandemic.

Nicholas Bell

Nicholas brings over half a decade of experience covering metals markets, pricing trends, and supply chain dynamics. Prior to joining AMU, he reported on aluminum, high-temperature scrap, and ferro-alloy markets at Argus Media, with additional coverage of minor metals and rare earths. His work has built deep expertise in North American metals pricing and trade flows. A native of Houston, Nicholas holds a bachelor’s degree in Media Production and an MBA with a concentration in Finance, both from the University of Houston.