By Matteo Castia


Heineken NV said Tuesday that it is currently engaged with South African beverage company Distell Group Holdings Ltd. regarding a potential transaction between the two brewers.

Also on Tuesday but in a separate release, Distell said Heineken approached it regarding a potential acquisition of the majority of its business.

Both companies said there still isn't any certainty that an agreement will be reached.


Write to Matteo Castia at


(END) Dow Jones Newswires

May 18, 2021 03:39 ET (07:39 GMT)

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