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AB InBev to buy back stake in US metal packaging plants

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Anheuser-Busch InBev has agreed to buy back a 49.9% stake in its U.S. metal container plants.

The deal is valued at roughly $3 billion.

Reuters cited rising aluminum costs due to tariffs.

Anheuser-Busch InBev sold the minority stake in the plants in 2020 to a group of investors led by Apollo Global Management.

Read more from Reuters.

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