South Africa approves Heineken's takeover of Distell with conditions
JOHANNESBURG (Reuters) - South Africa's Competition Commission approved Heineken's purchase of wine and cider company Distell Group as long as the mer...
Source: kdal610.com
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South Africa approves Heineken's takeover of Distell with conditions
JOHANNESBURG (Reuters) -South Africa's Competition Commission approved Heineken's purchase of wine and cider company Distell Group as long as the merged
Source: shorenewsnetwork.com
Beer's future is in Africa, but jobs are needed
A three-way fight over control of Africa’s beer industry could be approaching its endgame. The tussle between Heineken NV, Diageo PLC and units of Anheuser-Busch InBev SA for control of the continent has been going on for decades. Heineken’s acquisition of South African winemaker Distell Group Holdings Ltd and Namibia Breweries Ltd to create a US$4.5 billion business, announced this week, might be a final piece of the puzzle. The attractions for brewers of a region overlooked by other global businesses should be obvious. Beer is all about demographics, and Africa’s are among the most p...
Source: taipeitimes.com