News

TURKEY/RUSSIA: SABMiller, Anadolu Efes sign formal deal

Most popular

just-drinks speaks to Beam Suntory CEO - Part II

just-drinks meets Beam Suntory CEO Albert Baladi

Lift our heads out of our drinks - Trends

Chapoulaud-Floquet's Remy legacy - j-d thinks

Why the wine consumer is getting angry - Comment

MORE

SABMiller has cemented an agreement with Anadolu Efes that will see it hand over Russian beer operations in return for a 24% stake in the Turkey-based brewer.

//i2.aroq.com/1/sabmiller.jpg

SABMiller and Anadolu Efes said today (24 January) that they have signed a definitive transaction agreement. The deal paves the way for the brewers to form a strategic alliance, subject to regulatory approvals.

As part of the deal, agreed in principle in October, SABMiller will hand its Russian and Ukrainian beer operations to Anadolu Efes. In return, the Peroni Nastro Azzurro brewer will take a 24% stake in Anadolu Efes' business.

Last week, SABMiller said in its third-quarter trading update that it expects the deal to complete by the end of its fiscal year, which runs to the end of March. Anadolu Efes has scheduled an extraordinary general meeting for 14 February to allow its shareholders to vote on the proposed alliance.

For just-drinks analysis of the deal rationale, click here.


Related Content

Anheuser-Busch InBev, Anadolu Efes to challenge Carlsberg with Russia merger

Anheuser-Busch InBev, Anadolu Efes to challenge Carlsberg with Russia merger...

Speyside Distillers China deal includes

Speyside Distillers China deal includes "option to invest" for Luzhou Laojiao - TFWA Asia-Pacific...

"In any integration, we've always talked about three kinds of synergies. With SABMiller, there was a...

"Anheuser Busch InBev's acquisition isn't a done deal" - Interview, Andy Thomas, Craft Brew Alliance...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?