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The Netherlands-based unit of Turkey's Anadolu Efes, Efes Breweries International, has announced tentative details of its initial public offering. The brewer has hired Credit Suisse First Boston to lead the IPO, it announced yesterday.

Efes said the IPO will probably happen sometime this year, but would not give an exact date.
The unit, which has breweries in Russia, Ukraine and other eastern European countries, is 86.96%-owned by Anadolu Efes.

Last month, Turkey's largest soft drink bottler, Coca-Cola Icecek AS, announced  plans to float on the Istanbul Stock exchange in May or June. CCI is 40% owned by Anadolu Efes.


Sectors: Beer & cider

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