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AB InBev has exercised the right to reacquire a 49.9% minority stake in its US-based metal container plants from a consortium of institutional investors led by Apollo Global Management.

The transaction is valued at approximately $3 billion and is expected to enhance AB InBev's operational control over its packaging facilities, which are critical to its supply chain.

The US metal container operations consist of seven facilities across six states and play a vital role in ensuring quality, cost efficiency and supply security for AB InBev’s extensive portfolio of beer brands.

The reacquisition aligns with the company’s strategic focus on maximising long-term shareholder value and is anticipated to be accretive to earnings per share (EPS) in the first year post-acquisition.

Funding for the transaction will come from AB InBev’s cash reserves.

AB InBev's move to regain full ownership of its metal container operations underscores the importance of packaging in the beverage industry, particularly as consumer preferences continue to evolve towards sustainable and efficient packaging solutions. The company’s ability to innovate and maintain supply chain security will be critical in navigating the competitive landscape of the global beverage market.

The reacquisition aligns with AB InBev’s broader strategy to streamline operations and enhance production capabilities. By consolidating control over its metal container production, the company aims to improve its responsiveness to market demands and further strengthen its position in the North American market.

As AB InBev continues to adapt to changing consumer trends and economic pressures, this strategic move is expected to bolster its operational efficiency and support its long-term growth objectives.

The deal is subject to customary closing conditions and is expected to finalise in Q1 2026.