Anheuser-Busch InBev (AB InBev) said on Friday that it has applied to the Hong Kong stock exchange to sell shares in its Asia business unit known as Budweiser Brewing Company APAC.

The world’s largest brewing company is looking to sell 15% of its Asia unit to investors to raise about $5bn to $6bn dollars in an Initial Public Offering (IPO), according to sources close to the deal.