Dutch courage: Heineken’s R40bn bet on SA
Mix beer and cider? Yes, you can. Distell and Heineken get set to brew an African drinks major, but not everyone’s happy
18 November 2021 - 05:00
Heineken’s proposed R40.1bn takeover of liqour group Distell is a hugely fortifying development for its biggest shareholder, Remgro.
Heineken, too, seems ecstatic about the arrangement...