Heineken-Distell R40.1bn merger approved, but with long list of conditions
Acquisition of SA’s largest liquor firm will create a brewing giant to better compete with AB InBev’s SAB
09 March 2023 - 12:52
UPDATED 09 March 2023 - 22:50
Heineken and Distell’s R40.1bn merger has been given the go-ahead by the Competition Tribunal, almost 18 months after the tie-up was announced.
The deal, which comes at a time when SA has been struggling to attract foreign investment, will create a brewing giant better able to compete with SAB, which is part of the world’s largest brewer, AB InBev...
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