InBev has closed its transaction with SUN Trade and Alfa-Eco. The brewing giant said yesterday (31 January) that, following its acquisition of the two group's shares in the Russian brewer SUN Interbrew, it now owns 97.3% of the voting shares and 98.8% of the non-voting shares in the company. This in total gives it a 98.5% economic interest in SUN Interbrew.

In a statement, InBev CEO, John Brock said: "Our Russian and Ukrainian operations are highly successful, and we are very pleased to have increased our ownership of this important business to 98.5%.We look forward to continuing to build SUN Interbrew's business in the coming years."

As previously announced, InBev intends as soon as it is practicable to make an offer to the remaining minority shareholders in SUN Interbrew and to de-list the company in due course.