Following discussions initiated in April 2022 between our Company and Anheuser-Busch InBev SA/NV ("AB InBev"), regarding Efes Breweries International B.V.'s ("EBI") acquisition of AB InBev's non-controlling interest in AB InBev Efes B.V., the parties have agreed on new terms. According to the new agreement, Anadolu Efes will acquire AB InBev's interest in the Russian business and AB InBev will acquire the interest of Anadolu Efes in the Ukraine business. The completion of this transaction remains subject to certain conditions and regulatory approvals, as previously stated.
AB InBev Efes B.V. will continue operating as usual during the transaction approval process.
We are unable to disclose any additional details on the transaction at this moment, to facilitate the approval process.
Furthermore, subject to receiving all necessary approvals and completion of the transaction, all the shares corresponding to approximately 100% of the capital of JSC AB InBev Efes (AB InBev Efes Russia) that are currently owned by AB InBev Efes B.V., based in the Netherlands, will be transferred to another group company, based in Türkiye, which is a 100% subsidiary of Anadolu Efes.
Further developments will be duly announced.