Standard Bank Group has announced that it is playing in the Heineken acquisition of Distell and Namibia Breweries Limited. “We are proud to announce a significant milestone in our relationship with Heineken. Last month Heineken announced plans to acquire Distell and Namibia Breweries in a multi-billion US$ transaction. Standard Bank issued a US$1.29 billion guarantee on behalf of Heineken to support their proposed acquisition of Distell,” Standargd Group says, Adding: “This is the largest guarantee Standard Bank has issued to date and one of the biggest ever in Africa.” Heineken N.V. is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan…
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