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BRIEF-Anheuser-Busch Inbev to sell its interests in Distell Group Ltd
December 15, 2016 / 6:55 AM / 9 months ago

BRIEF-Anheuser-Busch Inbev to sell its interests in Distell Group Ltd

Dec 15 (Reuters) - Anheuser-Busch Inbev SA NV :

* To sell its interests in Distell Group Limited to the Public Investment Corporation

* The stake comprises 58,674,000 ordinary shares or approximately 26.4 pct of Distell’s issued share capital

* Sale remains subject to the approval of the South African competition authorities

* Standard Bank and Deutsche Bank are acting as joint financial advisers to co in connection with this transaction

* Webber Wentzel is acting as legal counsel to company

* Deutsche Securities (SA) proprietary limited is the JSE Sponsor to company Source text: bit.ly/2gLL6yM Further company coverage: (Gdynia Newsroom)

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