Corona a runaway success for Ab InBev, but virus costs brewer billions

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When China sneezes, the world’s largest brewer catches the flu.

AB InBev lost out on $285m (more than R4.4bn) in sales and $170m (R2.6bn) in earnings in the first two months of this year alone due to the coronavirus outbreak in China, CEO Carlos Brito told investors last week...

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