As announced in April 2022, our Company and Anheuser-Busch InBev SA/NV ("AB InBev") have been in discussions regarding the acquisition of AB InBev's non-controlling interest in AB InBev Efes BV by Efes Breweries International BV ("EBI"). Subsequently, it was announced that the Parties have agreed on EBI's purchase of AB InBev's non-controlling interest in AB InBev Efes BV.
As formerly stated, the completion of the transaction was contingent upon obtaining the necessary regulatory approvals. The legal process was initiated on December 19, 2023.
According to the notification received by our Company on August 7, 2024, the Russian regulatory authorities have not approved the current structure of the transaction. Consequently, Anadolu Efes and AB InBev are reviewing the authorities' decision. Updates will be duly announced.
In the interim, the business will continue to operate as usual under the management of Anadolu Efes.
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