Deal worth possibly more than R30bn would bulk up No 2 beer giant’s presence on continent
Distell, SA’s largest wine, cider and spirits maker, says it has made satisfactory progress on a tie-up with Heineken even as it looks set to push back the time frame to release details of the takeover offer from the No 2 beer maker.
“Satisfactory progress has been made with regard to the discussions, with certain issues still to be agreed,” Distell said in a statement on Wednesday. “The parties are committed to finalising these outstanding issues in the shortest possible timeframe and Distell will inform shareholders immediately upon their finalisation.”..
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Distell says its committed to speedy talks with Heineken as investors eye payoutThe liquor-maker recently held on to its dividend, pending talks with brewing giant Heineken, which is considering a takeover
Read more »
Distell says it is committed to speedy talks with Heineken as investors eye payoutThe liquor-maker recently held on to its dividend, pending talks with brewing giant Heineken, which is considering a takeover
Read more »
WATCH: SA’s special economic zones hustle for investmentMichael Avery and guests talk about special economic zones in SA and what makes them special
Read more »
Leading the tide of unity and progress, uniting the forces of global developmentOPINION: China also calls on developed countries to take practical actions as soon as possible to support and help developing countries to get vaccines and other essential anti-pandemic materials, so as to contribute to an early global victory against Covid-19.
Read more »
'I've been an obsessed fan of his' - Nompilo Dlamini thanks Cassper Nyovest for giving her hope'We constantly talk on Twitter in the DMs.'
Read more »
State will not ‘force anyone to be vaccinated’, Cyril Ramaphosa saysState will not ‘force anyone to be vaccinated’, Cyril Ramaphosa says 🔒 BDRamaphosa
Read more »