Distell, Heineken talks 'enormous vote of confidence in SA' - Steven Nathan

Heineken NV, the world’s second-largest brewer, is in talks about a takeover of South African wine and spirits maker Distell Group. This potentially R35bn (plus) offer to buy Distell, which is the giant of South Africa's booze industry, was discussed on the BizNews Power Hour between BizNews founder Alec Hogg and 10X Investments founder Steven Nathan. Nathan provided insight on the level of confidentiality required in deals as big as this and reflected on what an enormous vote of confidence this is in South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices