Getty ImagesSA's highest competition authority has finally approved Dutch brewer Heineken's R40 billion tie-up with JSE-listed liquor group Distell nearly a year-and-a-half after the deal was first officially announced.
The conditions imposed by the body would be made available on the Competition Tribunal's website in due course, it said, adding they aligned"broadly" with those proposed by the Competition Commission when it gave approval in November.Heineken can buy Distell - but must sell Strongbow among many conditions, says competition body
Heineken CEO and executive board chairperson Dolf van den Brink said the group was"delighted the Competition Tribunal has approved the deal".
_Business Yeah sirskii
_Business Finally.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Heineken-Distell merger finally gets approval from Competition TribunalAcquisition of SA’s largest liquor company will create a brewing giant to better compete with AB InBev’s SAB, despite shareholder dissatisfaction with the deal price Well done Heineken!!! I would rather say well done Distell
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
Swiss probe supply stink in $5bn scent marketCompetition commission targets market leaders Givaudan, domestic rival Firmenich, International Flavors & Fragrances and Symrise
La source: BDliveSA - 🏆 12. / 63 Lire la suite »