Efes Breweries International NV agreed to acquire remaining 28% stake in Efes Kazakhstan JSC from Heineken NV (ENXTAM:HEIA) on December 21, 2012. As part of the consideration, Efes Breweries International NV agreed to sell remaining 28% stake in Central Europe Beverages B.V. to Heineken NV and payment of $161 million to Heineken. The transaction is subject to certain conditions and is expected to complete no later than May 2013. Credit Suisse acted as financial advisor to Heineken. Akeel Sachak, Jonathan Dale and Luc Hanon of N M Rothschild & Sons Limited acted as financial advisor to Efes Breweries International NV. Igor A. Kolupayev of Baker & McKenzie - CIS, Limited acted as legal advisor for Heineken NV.

Efes Breweries International NV completed the acquisition of remaining 28% stake in Efes Kazakhstan JSC from Heineken NV (ENXTAM:HEIA) for approximately $160 million on January 14, 2013. $161 million will be paid in cash and $4 million in stake of Central Europe Beverages.