AB InBev will speed up Distell share sale to secure SABMiller:
Anheuser-Busch InBev agreed to sell SABMiller's stake in South African drinks maker Distell Group Ltd. over a shorter time period than the three years recommended by the country's antitrust authority, an attempt to smooth the path toward regulatory approval for the brewing industry's biggest-ever deal. “What was agreed was a shorter time period to effect the divestment,” Frank Snyckers, an advocate for AB InBev and SABMiller, said in an interview in Pretoria on Wednesday.
Read the full article by here: Johannesburg, South Africa News
Submit and get free press releases here: MyPR Free Press Release.
Click HERE to submit your Johannesburg or Gauteng Press Release.
Source: MyJHB
Read more on MyJHB.
Join the fun: Add Your event | Submit a Press Release | Add your listing.
