Russian Beer Deal

Anheuser-Busch InBev is to create Russia's second largest beer producer by combining its operations in the country with those of Turkey's Anadolu Efes. Their merger, which also includes the brewers' Ukraine businesses, will give the JV a near 20% share of the Russian market by volume. AB InBev and Anadolu Efes said the deal will strengthen their position in both markets "with the potential for further growth". The ambition going forward is to "lead the Russian and Ukrainian markets".