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AB InBev starts trading in Johannesburg
2016-01-15 16:40:14| Beverages - Topix.net
The world's biggest brewer, Anheuser-Busch InBev NV, began trading on the Johannesburg Stock Exchange Friday, the latest in a series of multinational heavyweights to complete a secondary listing in South Africa, strengthening the local bourse even as the broader economy continues to decelerate. Mega-brewer AB InBev's listing is the most recent step in its more than $100 billion quest to acquire SABMiller PLC, which has its ancestral home in South Africa.
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