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Anheuser-Busch InBev to sell Australia unit to Asahi for $11B

The biggest beer giant in the world is selling its Australian unit to Japan's Asahi Group Holding in a deal worth $11.3 billion -- plus debt. The move comes a week after AB InBev canceled its Asian IPO planned for Hong Kong - which would have the biggest public offering of the year.

Yahoo Finance's Scott Gamm joins YFiAM with the story.