S&C leads on $5.8 bln Korean beer repurchase
BY Kanishk Verghese, Reuters |
Sullivan & Cromwell is advising Anheuser-Busch InBev SA (AB InBev) on its agreement to buy back South Korea’s Oriental Brewery Co (OB) from KKR and Affinity Equity Partners for $5.8 billion, a deal that will be Asia’s biggest ever sale for private equity, excluding flotations.