SAB completes strategic alliance with Anadolu

09 March, 2012

Turkey: SAB Miller, Anadolu Group and Anadolu Efes have completed the transfer of SAB Miller's Russian and Ukrainian beer businesses in the context of their strategic alliance for Turkey, Russia, the CIS, Central Asia and the Middle East, which was originally announced on October 19, 2011.

SAB Miller's new 24% shareholding in Anadolu Efes will be listed on the Istanbul Stock Exchange after completion of "administrative requirements" of the Turkish Capital Markets Board and the ISE.  The management teams for the combined Russia and Ukraine businesses have been appointed and these businesses will commence operations on an integrated basis with immediate effect.


The ‘sucker deal’ view of duty free

An article in The New York Times exploring where to find the best duty free bargains in the Americas caught my eye recently.

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