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RUSSIA: SUN Interbrew poised for Siberian swoop?

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SUN Interbrew is looking to buy into a Siberian brewer, according to local press reports. Russian newspaper Vedomosti said today (23 May) that ZAO Renova, the financial-holding company controlled by tycoon Viktor Vekselberg, plans to sell its 64% stake in Irkutskpisheprom.

Citing informed sources, the paper said that SUN Interbrew, the local unit of InBev, is presently the most likely potential buyer for the company, which owns one of Siberia's largest breweries. Both Heineken and Efes Breweries International may also be interested, the paper added.

In its report, Vedomosti cited analysts as valuing the brewery between US$40m and US$50m.


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