In Heineken’s bid for Distell, Remgro and PIC hold the key
Heineken’s offer is no surprise but Distell anchor shareholders Remgro and PIC, aware of long-term potential, will not be keen
19 May 2021 - 08:30
UPDATED 19 May 2021 - 11:14
Dutch brewing giant Heineken’s bid to buy Stellenbosch-based liquor group Distell will need to come at a stiff premium to the current market value of around R32bn. ..