Heineken still in talks to buy Distell, despite rising share price
DISTELL Group Holdings said yesterday that “satisfactory progress” had been made regarding its potential transaction following a bid by Heineken, Europe’s biggest and the world’s second biggest brewer, to acquire full control of the South African liquor group. However, Distell, with brands such as Amarula, Savanna, Hunter’s Dry, Durbanville Hills and Nederburg, warned in a trading update yesterday that there
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