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Anheuser-Busch raises $5B in Hong Kong IPO

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Anheuser-Busch InBev raised $5 billion in a Hong Kong initial public offering after earlier this year calling off a public launch in the region.

The beer maker had been looking to raise nearly $10 billion in its former IPO attempt that was pulled due to lukewarm investor response.

The successful IPO gives the company's Hong Kong unit a roughly $45 billion value.

Read more from Fox Business.

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