Heineken’s takeover of Distell has been given the green light, with investors in Johann Rupert’s Remgro in prime position to benefit from this pan-continental drinks empire.
Will the froth fly in the local beer market as an imposing new-look competitor goes toe-to-toe with the long undisputed champion?
This is a distinct possibility, now that the Competition Tribunal has finally greenlighted the sale of Remgro’s controlling stake in diversified liquor group Distell to Dutch brewing giant Heineken. Namibia Breweries, owner of beer brand Windhoek, will form the other leg of an enlarged and more imposing Heineken South Africa. It will be squaring off against liquor heavyweight AB InBev, which houses South African Breweries ...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
RMB makes big push into renewables and private energyRand Merchant Bank (RMB) buys a 25% shareholding in Remgro’s Ubiquity Energy Platform.
Read more »
Feathers fly as Rainbow chicken owner RCL and activist shareholder clash over dud BEE deal | BusinessJSE-listed food producer RCL, which is majority owned by Johann Rupert's Remgro, has accused activist shareholder Albie Cilliers of profiteering off a regulatory remedy meant to protect minority investors. | News24_Business
Read more »
Cope's Bloem blames rogue party faction for removal of its Tshwane councillorOn Monday, Tshwane city manager Johann Mettler wrote to the electoral commission declaring a vacancy for Cope’s one PR seat.
Read more »
Pirates Lead In Race For Sought-After Defender? | Soccer LadumaGiven Msimango is expected to be one of the names set to headline the upcoming transfer window, and the PSL’s big guns haven’t stopped keeping tabs on the defender, the Siya crew has been informed. SLSiya Read more:
Read more »
Cape Town steadfast about being South Africa's 'green and healthy city'Outdoor gyms in Cape Town are starting to pay off, the city’s head of health Patricia van der Ross says.
Read more »
WATCH: Lexus 'shoved' by 'blue light' GTI for not moving over | The CitizenWhile some comments have questioned the actions of the Lexus driver, blame has largely been attributed to those of the apparent police Golf. Motoring
Read more »