Heineken: I’ll have a whisky with that, barman

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

South Africa Headlines News

The real kicker in Heineken’s takeover of Distell could be a later sale of the Capevin assets— now valued at a steal.

A cheap round of spirits may soon be on the table thanks to Heineken’s proposed takeover of Stellenbosch-based liquor group Distell.

The beer giant is effectively stumping up R180 a share to take control of Distell. The transaction is broken down into R165 a share for Newco assets, including Distell’s best-selling cider, wine, ready-to-drink and spirits brands, and R15 a share offer for Distell’s premium-brand international whisky and Gordon’s Gin businesses that have been bundled into Capevin...

 

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:

 /  🏆 20. in ZA

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.

Heineken: I’ll have a whisky with that, barmanThe real kicker in Heineken’s takeover of Distell could be a later sale of the Capevin assets— now valued at a steal.
Source: FinancialMail - 🏆 20. / 63 Read more »

Barcelona 'Reach Agreement' With African StarAccording to reports, Barcelona have struck a deal with one of Serie A's highest-rated midfielders to have him come to the Camp Nou at the end of the season. SLInt 💥 MORE:
Source: Soccer_Laduma - 🏆 22. / 63 Read more »

Mayor did not crash car while ‘partying with female friends’ — MunicipalityThe Alfred Duma municipality has distanced itself from an allegation that Ladysmith mayor Zama Sibisi crashed a municipal vehicle while 'having fun with female friends' outside the municipality. Riiight . Which means, he did.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

An open letter to MalemaYou have the bloody cheek to deny employment to those willing to do an honest day’s work and having to slog under horrendous conditions. I'm here to show my appreciation to TarellaCampbel who took me out from zero to hero. I'm so glad to be among your winning team ma'am and I will always show my gratitude and work with you always. Please
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Mayor did not crash car while ‘partying with female friends’ — MunicipalityThe Alfred Duma municipality has distanced itself from an allegation that Ladysmith mayor Zama Sibisi crashed a municipal vehicle while 'having fun with female friends' outside the municipality. What in the world does MYANC comrades do with their salaries? Typical.
Source: TimesLIVE - 🏆 28. / 59 Read more »