Wrap Text
AB InBev and Anadolu Efes Complete Merger of
Businesses in Russia and Ukraine
Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ANB
NYSE ADS Code: BUD
JSE Share Code: ANH
ISIN: BE0974293251
(“AB InBev” or the “Company”)
AB InBev and Anadolu Efes Complete Merger of
Businesses in Russia and Ukraine
Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH), has completed
the proposed 50:50 merger of AB InBev's and Anadolu Efes' (IST: AEFES ) existing Russia and
Ukraine businesses. Following the original announcement of the transaction on 9 August 2017, the
companies have received all required regulatory approvals in Russia and Ukraine and have
executed relevant binding transaction agreements.
This merger follows AB InBev's acquisition of a 24% stake in Anadolu Efes as part of the company's
combination with SAB, which completed in October 2016. Following the closing of the transaction,
the operations of AB InBev and Anadolu Efes in Russia and Ukraine are now combined under AB
InBev Efes.
The combined business will be fully consolidated in the Anadolu Efes financial accounts. As a result,
AB InBev will stop consolidating these operations and account for its investment in AB InBev Efes
under the equity method.
AB InBev Efes will build on the strengths of the combined AB InBev and Anadolu Efes portfolio of
brands, including both leading international and local brands.
Terms of the agreement will not be disclosed.
English, French and Dutch versions of this press release will be available on www.ab-inbev.com.
ANHEUSER-BUSCH INBEV CONTACTS
Media Investors
Marianne Amssoms Henry Rudd
Tel: +1-212-573-9281 Tel: +1-212-503-2890
E-mail: marianne.amssoms@ab-inbev.com E-mail: henry.rudd@ab-inbev.com
Peter Dercon Mariusz Jamka
Tel: +32 (0) 16 276 823 Tel: +32 (0)16 276 888
E-mail: peter.dercon@ab-inbev.com E-mail: mariusz.jamka@ab-inbev.com
Aimee Baxter Lauren Abbott
Tel: +1.646.628.0393 Tel: +1-212-573-9287
E-mail: aimee.baxter@ab-inbev.com E-mail: lauren.abbott@ab-inbev.com
ab-inbev.com 1
3 April 2018
JSE Sponsor: Deutsche Securities (SA) Proprietary Limited
Legal disclaimer
This release contains “forward-looking statements”. These statements are based on the current expectations and views of future
events and developments of the management of AB InBev and are naturally subject to uncertainty and changes in circumstances.
The forward-looking statements contained in this release include, among other things, statements relating to the merger of AB InBev’s
and Anadolu Efes’ existing Russia and Ukraine business, AB InBev’s business combination with ABI SAB Group Holding Limited and
other statements other than historical facts. Forward-looking statements include statements typically containing words such as “will”,
“may”, “should”, “believe”, “intends”, “expects”, “anticipates”, “targets”, “estimates”, “likely”, “foresees” and words of similar import. All
statements other than statements of historical facts are forward-looking statements. You should not place undue reliance on these
forward-looking statements, which reflect the current views of the management of AB InBev, are subject to numerous risks and
uncertainties about AB InBev and are dependent on many factors, some of which are outside of AB InBev’s control. There are
important factors, risks and uncertainties that could cause actual outcomes and results to be materially different, including the ability
to realize synergies from the business combination with ABI SAB Group Holding Limited and the risks and uncertainties relating to AB
InBev described under Item 3.D of AB InBev’s Annual Report on Form 20-F (“Form 20-F”) filed with the SEC on 19 March 2018. Other
unknown or unpredictable factors could cause actual results to differ materially from those in the forward-looking statements.
The forward-looking statements should be read in conjunction with the other cautionary statements that are included elsewhere,
including AB InBev’s most recent Form 20-F, other reports furnished on Form 6-K, and any other documents that AB InBev has made
public. Any forward-looking statements made in this communication are qualified in their entirety by these cautionary statements and
there can be no assurance that the actual results or developments anticipated by AB InBev will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects on, AB InBev or its business or operations. Except as required
by law, AB InBev undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
About Anheuser-Busch InBev
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the Mexico
(MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New York Stock
Exchange (NYSE: BUD). Our Dream is to bring people together for a better world. Beer, the original social network, has been bringing
people together for thousands of years. We are committed to building great brands that stand the test of time and to brewing the best
beers using the finest natural ingredients. We strive for a healthy natural environment and thriving communities so we can brew beers
that bring people together for the next 100+ years.Sustainability is not just related to our business, it is our business.
Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona® and Stella Artois®; multi-country
brands Beck’s®, Castle®, Castle Lite®, Hoegaarden® and Leffe®; and local champions such as Aguila®, Antarctica®, Bud Light®,
Brahma®, Cass®, Chernigivske®, Cristal®, Harbin®, Jupiler®, Klinskoye®, Michelob Ultra®, Modelo Especial®, Quilmes®, Victoria®,
Sedrin®, Sibirskaya Korona® and Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations.
From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery in St.
Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the first brewery in
Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths
of nearly 200,000 employees based in more than 50 countries worldwide. For 2017, AB InBev’s reported revenue was 56.4 billion
USD (excluding JVs and associates).
About Anadolu Efes
Anadolu Efes Biracilik ve Malt Sanayii A.S. (Anadolu Efes), together with its subsidiaries and affiliates produces and markets beer,
malt and soft drinks across a geography including Turkey, Russia, the CIS countries, Central Asia and the Middle East with total
employees of 14,188 as of 31.12.2017, including both beer & soft drink operations. Anadolu Efes, listed at Borsa Istanbul (AEFES.IS),
is an operational entity under which the Turkey beer operations are managed, as well as a holding entity which is the 100% shareholder
of EBI, that manages international beer operations, and is the largest shareholder of CCI, that manages the soft drink business in
Turkey and international markets.
ab-inbev.com 2
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