Drinks giant InBev could hive off assets in Asia and Germany to cover debt put in place for its takeover of US rival Anheuser-Busch, it has emerged.

According to press reports, InBev has drawn up a shortlist of assets that could be sold to cover a $7bn (£3.95bn) loan set up as part of the financing package for the deal.

South Korea-based Oriental Brewery, which InBev acquired in 1998, is thought to be a likely candidate for disposal and could raise around $2bn (£1.13bn).

Certain brands in Germany are also thought to be at risk, although Beck’s – the country’s leading beer – is highly unlikely to be part of any sale.

InBev snapped up its US rival, whose brands include the Budweiser range of beers, in a $52bn (£29.3bn) deal earlier this year. Anheuser’s 27% stake in Chinese brewer Tsingtao could be sold, while its entertainment arm – which operates the Sea World and Busch Gardens theme parks – has already been earmarked for sale.

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