Heineken in Talks to Buy South Africa's Distell
May 18 2021 - 3:54AM
Dow Jones News
By Matteo Castia
Heineken NV said Tuesday that it is currently engaged with South
African beverage company Distell Group Holdings Ltd. regarding a
potential transaction between the two brewers.
Also on Tuesday but in a separate release, Distell said Heineken
approached it regarding a potential acquisition of the majority of
its business.
Both companies said there still isn't any certainty that an
agreement will be reached.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
May 18, 2021 03:39 ET (07:39 GMT)
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