Changes ahead at Budweiser brewer AB Inbev

AB Inbev

Shares in Budweiser brewer AB

Inbev rose after the world’s biggest

beer maker said it’s selling its selling

Carlton & United Breweries unit in

- FWBP Digital Partners -

Australia to reduce debt.

The Belgium-based brewing giant

said Japanese rival Asahi Group will

pay $16 billion AUD ($11.3 billion)

- Advertisement -

for Carlton, the maker of Victoria

Bitter, Foster’s Lager and other

Australian beers.

AB Inbev makes Budweiser, Miller,

- Advertisement -

Stella Artois and other popular beer

brands. It acquired Carlton via its purchase

of SABMiller for $107 billion in 2017.

That acquisition and others gave AB

Inbev almost a third of the global beer

market. Since then it’s sought to shed

some brands to slim down its debt load

and appease antitrust regulators.

AB Inbev stock rose 6% Friday to