Global Trade Alert
Global Trade Alert

Russia: Government blocks the Stake Purchase in AB InBev Efes by Efes Breweries International BV

Announcement

06 Aug 2024

In June 2024, Russian authorities denied Anadolu Efes' request to buy a stake from Belgium's AB InBev in their joint Russian business.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

06 Aug 2024

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 6 August 2024, according to local media reports, the Russian Government Commission for the Control of Foreign Investments, led by Finance Minister Anton Siluanov, denied Efes Breweries Internationa...

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Controls on commercial transactions and investment instruments In force

On 6 August 2024, according to local media reports, the Russian Government prohibited a transaction related to the capital of AB InBev Efes BV. Specifically, the government denied Efes Breweries Inter...

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