BELGIUM - Blackstone in talks with AB InBev

The sale of the non-core assets, which could include SeaWorld and Busch Gardens in the US, is in line with the company's ongoing efforts to make strategic adjustments to pay down debt.

The group's Central and Eastern European assets, comprising 11 breweries across seven countries, are also currently on the block, with UK-based buyout house CVC Capital Partners thought to be weeks away from finalising a EUR 1.4bn deal. The investor has recently upped the equity in its bid from EUR 700m to EUR 840m, while a dozen banks are said to have committed to an all-senior financing package.

AB InBev, is seeking to obtain close to $7bn from divestments to pay down some of its $45bn debt pile, mostly accrued from the $52bn merger of Belgian brewer InBev with US rival Anheuser-Busch to form the group last year.

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• Buyouts
• Benelux