Heineken’s proposed takeover of Distell conditionally approved by Competition Commission
By Zuko Komisa The Competition Commission has approved Heineken's purchase of wine and cider company Distell Group as long as the merged entity invests more than 10 billion rands over five years in the country. According to the Commission's announcement on Friday, the investment will increase and sustain the total production capacity of its businesses and associated facilities in South Africa. The Dutch brewer revealed its plans to acquire Distell […]