Original title: Anadolu Efes Slumps After Russia JV with AB InBev Rebranded
Shares in Anadolu Efes dropped by the most in over five months after the Turkish brewer’s Russian joint venture with Anheuser-Busch InBev was rebranded, deepening concerns that it may not regain control of the business. Anadolu Efes fell by as much as 9.3% on Tuesday. Shares in parent company AG Anadolu Grubu Holding AS and sister firm Coca-Cola Icecek AS declined by as much as 4.5% and 2.3%, respectively.