Distell deal with Heineken could best suit investors with long-term horizons

But those who have to sell shares could see it as cheap

21 November 2021 - 00:02
By Nick Wilson

Heineken’s more than R40bn tie up with Distell, is seen by the market as a perfect match and a vote of confidence in SA, but how ideal the offer price is for the JSE-listed owner of brands such as Savanna and Hunter’s Dry is, depends on the investment horizons of the shareholders.

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