Budweiser-maker AB InBev shareholder E.P.S. to sell 10 million shares in company
BUD•
BUD•Aug. 3 (Reuters) - Anheuser-Busch InBev's ABI.BR 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.
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.
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. owns over 67 million shares in Anheuser-Busch InBev, about 3.75% of the company's outstanding stock, according to LSEG data.
($1 = 0.8672 euros)