The world's largest brewer hopes to raise at least $10 billion from asset sales, the WSJ reported https://on.wsj.com/32yuIpr, citing people familiar with the matter.

Last week, AB InBev, which was aiming to sell as much as $9.8 billion in Budweiser stock to seek relief from its heavy debt burden, called off its listing of its Asia Pacific unit in Hong Kong citing "several factors, including prevailing market conditions."

The company hopes to get its debt down to about $80 billion.

In May, private equity firm KKR & Co approached AB InBev about buying some of its Asian assets, the Journal reported, adding that Japanese brewer Asahi Group Holdings Ltd had also expressed interest in buying the company's Australia business.

AB InBev did not immediately respond to Reuters' request for comment.

U.S.-listed shares of the company rose 1.2% to $89.50 following the report.

(Reporting by Soundarya J in Bengaluru; Editing by Anil D'Silva)