Budweiser Owes Singapore’s Wealth Fund a Drink

By September 24, 2019 Press Coverage

Excerpt: That compares with 18.5 times for China Resources Beer Holdings Co., maker of the country’s best-selling Snow brand. Arun George, an analyst who writes on Smartkarma, estimated Budweiser Brewing should trade at 16 times EV/Ebitda.

Nisha Gopalan • (Opens in a new window) ⧉

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