SAB objects to Heineken’s takeover of Distell, wants Hunter’s or Savanna to be sold off

The original article can be found here.

Article highlights:

  • The Competition Tribunal is hearing the case for and against the proposed takeover by Heineken of Distell.
  • In September the Competition Commission conditionally recommended the approval of the takeover, subject to certain conditions.
  • Anheuser-Busch InBev, the parent company of South African Breweries (SAB), is objecting to a proposed takeover.