PICK N PAY LIQUOR STORES
Mini craze as Checkers, PnP pull out stops to lure shoppers
14/07/2016 - 14:20
Cape Town - South African Retailers Checkers, Pick n Pay and Spar are upping their game even more to lure customers - big and small - to their stores.
Pick n Pay partner opens new store amid $50m suit
13/07/2016 - 14:26
Harare – John Moxon, the chairperson of Zimbabwe-listed retail and hotel conglomerate Meikles Limited, said his company is proceeding with a US$50m suit against the country's stock exchange. This comes after engagements to settle the two parties' dispute over its earlier suspension from the Zimbabwe Stock Exchange (ZSE) because of alleged manipulation of financial statements proved futile.
Minorities could thwart R1.15bn KWV deal
11/07/2016 - 16:55
THERE might be an unexpected twist to a R1.15bn deal proposing the sale of liquor group KWV Holdings’ operating assets to Vasari Global, an international company aligned to consumer goods magnate Vivian Imerman.
Brewers’ merger sets Distell free to take them on in local market
01/07/2016 - 08:58
AS THE £74bn Anheuser-Busch InBev (AB InBev) merger with SABMiller moves closer to completion, analysts are looking to Distell — which will soon be free of SAB shareholding — to become a more aggressive player in the drinks industry.
Pound’s plunge takes R125bn whack out of SABMiller takeover value
30/06/2016 - 16:07
London - US investors who own SABMiller [JSE:SAB] shares have more reason than most to rue Britain’s vote to leave the European Union. The resulting plunge in the UK currency has cut the dollar value of Anheuser-Busch (AB) InBev's takeover offer for SABMiller by $8.5bn (R125.5bn).