Anheuser-Busch InBev is pleased to announce that it has entered into a binding agreement with Asahi Group Holdings, Ltd. to sell the businesses formerly owned by SABMiller Limited in Poland, the Czech Republic, Slovakia, Hungary and Romania (the “CEE Business”) for an agreed enterprise value of EUR 7.3 billion, subject to customary adjustments.
In connection with its business combination with SABMiller Limited (formerly SABMiller plc) AB InBev had made commitments to the European Commission (“EC”) to sell the CEE Business.
The sale is conditional upon EC regulatory approval. The disposal process has been carried out under the supervision of Mazars LLP in their role as EC monitoring trustee.
Closing is expected to take place in the first half of 2017 and shareholders will be updated in due course.
Deutsche Bank Securities Inc. and Lazard Frères & Co. LLC are acting as financial advisers to AB InBev in connection with this transaction. Freshfields Bruckhaus Deringer LLP and Hogan Lovells International LLP are acting as legal counsel to AB InBev.
English, French and Dutch versions of this press release will be available on www.ab-inbev.com.