SABMiller and Anadolu Efes Announce Closing Steps Of Strategic Alliance

Post published:07/03/2012
Reading time:1 min(s) read

SABMiller plc., Anadolu Group (Anadolu End?stri Holding A.?., Yaz?c?lar Holding A.?. and ?zilhan S?nai Yat?r?m A.?.), and Anadolu Efes (Anadolu Efes Birac?l?k ve Malt Sanayii A.?.) today announce completion of the transfer of SABMiller’s Russian and Ukrainian beer businesses in the context of their strategic alliance for Turkey, Russia, the CIS, Central Asia and the Middle East, which was originally announced on 19 October 2011. SABMiller’s newly issued 24% shareholding in Anadolu Efes will be listed on the Istanbul Stock Exchange (“ISE”) after completion of certain administrative requirements of the Turkish Capital Markets Board and the ISE. The management teams for the combined Russia and Ukraine businesses have been appointed and these businesses will commence operations on an integrated basis with immediate effect.

Tags: M&A in beer industry, SABMiller

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