Beer Dynasty Families Sell €731 Million Stake in AB InBev

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Summary · why it matters

Some of the historic family owners of Anheuser-Busch InBev sold a €731 million stake in the world's largest brewer. Eugenie Patri Sebastien, a vehicle managing interests of Belgian families including Van Damme, de Mevius and de Spoelberch, offered about 10 million shares at €73.10 apiece in a block trade, a 2.8% discount to Friday's close. The sale follows a 37% surge in AB InBev shares this year through Friday, making it one of the top five performers in the Euro Stoxx 50 index. JPMorgan Chase arranged the offering.

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Anheuser Busch Inbev NV ADR
BUD
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Families sold a €731 million stake at a 2.8% discount, indicating supply overhang and potential negative sentiment.

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