Brief: Anadolu Efes Says It Agrees With AB Inbev Agrees On Efes Breweries International BV's Purchase Of AB Inbev's Non-Controlling Interest In AB Inbev Efes BV

Anadolu Efes Biracilik ve Malt Sanayii

19/12/2023 06:08

Dec 19 (Reuters) - Anadolu Efes Biracilik ve Malt
Sanayii AS  AEFES.IS :
    * ANADOLU EFES  SAYS ANADOLU EFES AND AB INBEV AGREES ON
EBI'S
PURCHASE OF AB INBEV'S NON-CONTROLLING INTEREST IN AB INBEV EFES
BV
    * ANADOLU EFES  SAYS TRANSACTION REMAINS CONDITIONAL AND
WILL NOT
BECOME EFFECTIVE UNTIL PARTIES HAVE RECEIVED ALL NECESSARY
REGULATORY APPROVALS
    * ANADOLU EFES  SAYS AS OF CLOSING OF TRANSACTION, ANADOLU
EFES
WILL ULTIMATELY BE SOLE OWNER OF AB INBEV EFES BV THROUGH EBI
    * ANADOLU EFES  SAYS ANADOLU EFES TO CONTINUE TO FULLY
CONSOLIDATE
AB INBEV EFES BV IN ITS FINANCIAL ACCOUNTS
    * ANADOLU EFES SAYS EBI SHALL NOT MAKE AN IMMEDIATE CASH
PAYMENT
UPON COMPLETION OF TRANSACTION
    * ANADOLU EFES SAYS ANY FUTURE PAYMENTS SHALL BE DETERMINED
BASED
ON THE ANNUAL CASH FLOW PERFORMANCE OF AB INBEV EFES BV'S
OPERATING COUNTRIES AND RELATED REGULATORY RESTRICTIONS FOR A
CERTAIN AND REASONABLE PERIOD OF TIME
    * ANADOLU EFES SAYS AB INBEV EFES BV WILL CONTINUE OPERATING
AS
USUAL DURING TRANSACTION APPROVAL PROCESS

Source text for Eikon:  ID:nIKA5BZDKd 
Further company coverage:  AEFES.IS 

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