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Distillers & Wineries

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Pernod Ricard completes acquisition of Castle Brands

Wednesday, 9 Oct 2019

Oct 9 (Reuters) - Pernod Ricard SA ::PERNOD RICARD COMPLETES ACQUISITION OF CASTLE BRANDS.COMPANY ANNOUNCED ACQUISITION OF CASTLE BRANDS FOR $223 MILLION TWO MONTHS AGO.

South Africa Competition Tribunal Says Distell Accuses AB-Inbev, SABMiller Of Breaching Merger Conditions

Wednesday, 11 Sep 2019

Sept 11 (Reuters) - SOUTH AFRICA COMPETITION TRIBUNAL::DISTELL SAYS AB-INBEV, SAB MILLER MERGED ENTITY OF BREACHED MERGER CONDITIONS, TAKES MATTER TO TRIBUNAL.DISTELL ALLEGED MERGED ENTITY REMOVED COMPETITORS' ADVERTISING MATERIAL FROM OUTLETS; COMMISSION FOUND CONDITIONS NOT BREACHED.DISTELL NOW ASKING TRIBUNAL TO REVIEW, SET ASIDE COMMISSION'S FINDING, FOR A FULL INVESTIGATION TO BE CONDUCTED.TRIBUNAL WILL CONSIDER ALL SUBMISSIONS DURING HEARING, SCHEDULED TO TAKE PLACE ON 12-13 SEPTEMBER 2019.

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