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Heineken in talks to buy South African drinks maker Distell


AfricaHeineken in talks to buy South African drinks maker Distell
Reuters
2 minute read
Heineken beers are seen on a production line at the Heineken brewery in Jacarei, Brazil June 12, 2018. REUTERS/Paulo Whitaker
Heineken NV (HEIN.AS) is in talks with South African drinks maker Distell (DGHJ.J) about a possible acquisition, the two companies said on Tuesday, in what would mark a push into wine and spirits for the world’s second-largest brewer.
Wines, spirits and cider maker Distell, which had a market capitalisation of 31.8 billion rand ($2.27 billion) at Monday s close, said Heineken was interested in buying the majority of its business, sending its shares up more than 10% in early trade. ....

South Africa , Western Cape , South African , Jaina Mistry , Edward Mundy , Thomson Reuters Trust Principles , Anheuser Bush Inbev , Thomson Reuters Trust , மேற்கு கேப் , சமண மிஸ்ட்ரி , எட்வர்ட் முண்டி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , அன்ஹஐசேர் புஷ் இந்பேவ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

AB InBev CEO Brito to step down


AB InBev CEO Brito to step down
PUBLISHED BY
Carlos Brito will step down from his role, effective July 1 and
Michel Doukeris will succeed him as the new CEO.
Brito, who became the CEO nearly 15 years ago, was responsible for turning Anheuser-Busch from a regional brewery into a world-renowned one. Brito spent 32 years with the company, overseeing the integration of the U.S. brewer Anheuser-Busch with the Belgian-Brazilian conglomerate
InBev and more recently, the 2016 takeover of rival
SABMiller.
AB Inbev has recently witnessed some leadership changes, including the departure of the group’s finance chief Felipe Dutra in April 2020 and its chair Olivier Goudet in 2019. ....

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