In a FOX Business exclusive, Omeed Malik, Founder and CEO of Farvahar Partners, discusses how his boutique merchant bank is investing in both public and private marketplaces.videoTrading surge in the ‘shadow market’ of pre-IPO stocks

In a FOX Business exclusive, Omeed Malik, Founder and CEO of Farvahar Partners, discusses how his boutique merchant bank is investing in both public and private marketplaces.

The second time was the charm for Anheuser-Busch InBev as it successfully raised about $5 billion in a Hong Kong IPO.

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The company priced shares at $3.45 each, people familiar with the matter told Dow Jones.

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That was at the low end of the expected price range.

The deal gives the Hong Kong unit a value of more than $45 billion.

It was the second attempt at an IPO as Budweiser APAC called off an earlier attempt in July.

That try was bigger looking to raise nearly $10 billion.

But due to lukewarm investor response, it was pulled.

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Since then the company sold off its Australian unit and returned as a more nimble company.

The IPO is Hong Kong's largest IPO of the year and is second to Uber's $8 billion offering in New York.

Source Link:
https://www.foxbusiness.com/markets/budweiser-parent-raises-5b-in-hong-kong-ipo

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