As the Heineken deal goes through, all eyes are on Distell offshoot Capevin — which may be worth well more than the R15-a-share buyout offer.
Punters are likely keeping a close eye on Distell’s shares, which — rather curiously — are trading at a premium to Heineken’s buyout offer.
At the time of writing Distell shares were between R181 and R182.79, against Heineken’s R180 offer. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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A cheap round in CapevinAs the Heineken deal goes through, all eyes are on Distell offshoot Capevin — which may be worth well more than the R15-a-share buyout offer.
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Can Remgro ride Heineken SA into SAB’s once-impenetrable Castle?Heineken’s takeover of Distell has been given the green light, with investors in Johann Rupert’s Remgro in prime position to benefit from this pan-continental drinks empire. And, ironically, this sets the stage for a redux of the 1970s booze battle, in which the Rupert family came off second best to SA Breweries
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Can Remgro ride Heineken SA into SAB’s once-impenetrable Castle?Heineken’s takeover of Distell has been given the green light, with investors in Johann Rupert’s Remgro in prime position to benefit from this pan-continental drinks empire. And, ironically, this sets the stage for a redux of the 1970s booze battle, in which the Rupert family came off second best to SA Breweries
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Heineken looks ‘beyond beer’It’s unclear at this stage what will be done with Distell’s ‘peripheral’ brands — its wine and spirits labels. If some are bundled together for sale, there would certainly be no shortage of buyers, writes MarcHasenfuss.
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Can Remgro ride Heineken SA into SAB’s once-impenetrable Castle?Heineken’s takeover of Distell has been given the green light, with investors in Johann Rupert’s Remgro in prime position to benefit from this pan-continental drinks empire. And, ironically, this sets the stage for a redux of the 1970s booze battle, in which the Rupert family came off second best to SA Breweries
Read more »
Can Remgro ride Heineken SA into SAB’s once-impenetrable Castle?Heineken’s takeover of Distell has been given the green light, with investors in Johann Rupert’s Remgro in prime position to benefit from this pan-continental drinks empire. And, ironically, this sets the stage for a redux of the 1970s booze battle, in which the Rupert family came off second best to SA Breweries
Read more »