BUD - AB InBev: A Partial Sale Of The Asian Division Isn't Necessary
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The dividend cut was definitely necessary
AB InBev (BUD) has been looking to strengthen its balance sheet after the so-called MegaBrew merger whereby InBev acquired SABMiller (SBMRY) (SBMRF) pushed the net debt to in excess of $100B. BUD was originally banking on a growing beer market and synergy benefits