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New plan for Russian JV lifts Anadolu Efes shares



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** Anadolu Efes AEFES.IS shares rise 3.8% after the Turkish brewerand AB InBev ABI.BR came up with a newplan for its joint venture in Russia

** The new plan would seeAnadolu Efes acquiring AB InBev's stake in the Russian business, while AB InBev would buy Anadolu Efes' stake in the venture's Ukraine operations

** Trive Yatırım analyst Yakup Toktamış notes that the new deal is more likelyto gain approval from Russian authorities

** The Belgium-based beer producer was looking to get out of Russia after Russia's invasion of Ukraine and initially agreed with Anadolu Efes thatthe Turkish partner would buy AB Inbev out of the 50-50 JV, spanning both Russia and Ukraine, but the sale was rejected by the authorities

** Details of the new transaction are yet to be decided, the parties said

** Brokerage Is Yatirim says it expects news to reflect positively on Anadolu Efes shares

** Shares in AB InBev are up 0.4% at 0910 GMT






Reporting by Canan Sevgili, Miraç Eren Dereli

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