Heineken’s African Deal Gets Final Antitrust Body Approval
- Dutch brewer plans expansion across continent through Distell
- Shareholder elections set for March 24 would complete purchase
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Heineken NV’s purchase of South Africa’s biggest wine exporter got the final regulatory approval it needed, setting up the Dutch brewer for expansion across the continent.
South Africa’s Competition Tribunal gave the deal with Distell Group Holdings Ltd. the go-ahead with conditions, Heineken and Distell said in statements on Thursday.