News Formal

AB InBev makes Hunters cider fair game in Distell merger

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

AB InBev focuses on SA brand and objects to sale of Strongbow in Heineken’s merger plans

AB InBev has intervened in the Competition Tribunal’s regulatory scrutiny of the R40bn Distell-Heineken tie-up, calling for SA’s largest alcohol producer to sell its Hunters cider brand if it wants the deal to get the go-ahead.

The deal will combine the world’s largest cider manufacturer, Heineken, which makes Strongbow, with SA’s largest alcohol producer and the maker of Savanna and Hunters...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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAB owner AB InBev wants Distell to sell Hunters cider to get merger approvalIt is not clear if this could scupper the deal or change the price, as Hunters far outsells Strongbow in SA
Source: BDliveSA - 🏆 12. / 63 Read more »

Elon Musk says Instagram makes people depressed and Twitter makes them 'angry' | Business InsiderMusk asked his Twitter followers which platform was better, tweeting: 'Instagram makes people depressed & Twitter makes people angry. Which is better?' BISouthAfrica This is the bullshit you think is news worthy? Holy hell, your company needs an overhaul! BISouthAfrica Not twitter. You are, Elon BISouthAfrica And this makes news, why?
Source: BISouthAfrica - 🏆 34. / 51 Read more »