06:50 AM EDT, 08/08/2024 (MT Newswires) -- Anadolu Efes said on Thursday that Russian authorities have rejected the deal in which Anheuser-Busch InBev ( BUD ) was set to sell its stake in their Russian joint venture to the company.
The Turkish brewer said both companies are reviewing the authorities' decision.
The deal was first announced in April 2022 and was awaiting regulatory approval.
Price: 60.46, Change: -0.04, Percent Change: -0.07