International Breweries opened its N588 billion rights issue programme on May 21, 2024.
Shareholders accepted and approved the $379.9 million convertible loan from AB InBev Nigeria Holdings BV for repaying a loan from Citibank Abu Dhabi
International Breweries Plc secured approval for a $379.9 million shareholder loan from AB InBev Nigeria Holdings BV.
AB InBev's Nigerian subsidiary, International Breweries, has amassed losses exceeding N200 billion over a span of seven years.
Besides AB InBev, Jorge Paulo Lemann has invested in other global food brands including Burger King and Canadian coffee maker, Tim Hortons.
Nigeria’s International Breweries will secure about N123 billion investment from Belgian company, AB InBev (Anheuser-Busch InBev).
The Management and the Board of International Breweries Plc have appointed Tolulope Adedeji as a Director.
The Board of Directors of International Breweries Plc has welcomed Mr Andrew Scott Murray into its fold. He will be serving in the capacity of a Non-Executive Director.
As consumers across the world switch their consumption of beers to spirits, brewers are feeling the pinch. AB Inbev,...
International Breweries Plc
Africa is the fastest growing region for beer consumption.
Anheuser-Busch InBev (AB InBev) owners of International Breweries, and the world's largest beer maker has revealed that its new...