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Spirits

Heineken To Acquire Control of Distell and Namibia Breweries in $4.6 Billion Deal

Kimberly Redmond | Equities.com |

Dutch beer giant Heineken NV (OTC: HEINY) has struck a deal to acquire Distell Group Holdings Ltd (OTC: DSTZF) and a controlling interest in Namibia Breweries to form a South African drinks group worth 4 billion euros ($4.6 billion).

Under the terms of the agreement announced Monday, Heineken will acquire Distell in a deal that values the company at around 2.2 billion euros ($2.5 billion).


Diageo Named As NFL's First Spirits Sponsor

Kimberly Redmond | Equities.com |

The National Football League (NFL) has named Diageo plc (NYSE: DEO) as its first official spirits sponsor under a multiyear partnership announced Wednesday.

Financial terms and length of the deal were not disclosed in the announcement.


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