Just when you thought the cost of mergers & acquisitions couldn’t get much steeper, Distell has unveiled a new service provider feeding at this particular corporate trough.
They are referred to as the “commercial advisers” in the recently released shareholder circular outlining Heineken’s proposed R40.1bn takeover, and their fee adds a hefty R23.1m to the already steep R105.4m of transaction expenses. That additional 22%, taking the full price tag to R128.5m, is going to Boston Consulting Group and “independent consultants”...
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Skimming the froth off the topThe Distell/Heineken takeover circular reveals a nice fat payday for advisers RMB, ENS and Boston Consulting Group. You have to Stand Up for yourself, No one is gonna be with you on the way to Success because the path of Success is very hard and only few can go over it. I earned over R350,000 thanks to Lisaberry76
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Who’s next? — Security, hospitality sectors & farms could soon get a visit from Malema over not hiring locals'This is not a one-off thing. We will also visit different institutions, especially where we get tip-offs,' said EFF leader Julius Malema. WMC is happy with his 50% quota for foreigners, he shouldn't bother. EFF and ANC are the reason millions of South Africans are unemployed PutSouthAfricanFirst Self appointed PITA this funny little man... This guy thinks being an MP entitles him to personally police businesses. That is not your job, Julius_S_Malema. Your party's brand of thuggery does not entitle you to harrass legal businesses, or even investigate illegal ones. If ypu have a problem, go to SAPS.
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