News

EYGPT: Heineken completes purchase of ABC for $280m

Most popular

Bar Nøne launch proves Coca-Cola is faster

Why consumers want more experiential marketing

What will be Pernod Ricard's priorities?

Pernod Ricard Performance Trends 2014-2018 - data

MORE

Heineken, the Dutch brewing giant, has been successful in its bid to acquire the Egyptian Al Ahram Beverages Company. Heineken made a public bid on 13 September for all shares of the Egyptian Al Ahram Beverages Company. The offering period ended today. In total 20,035,480 shares, or 97.8% of the company, have been offered to Heineken for US$14 per share. The total acquisition price was therefore US$280m. The transaction will be executed on 29 September.


Related Content

The soft drinks category in 2017 - just-drinks' Review of the Year, Part II - FREE TO ACCESS

The soft drinks category in 2017 - just-drinks' Review of the Year, Part II - FREE TO ACCESS...

Tetra Pak shines light on lucrative seniors market, calls for innovation focus

Tetra Pak shines light on lucrative seniors market, calls for innovation focus...

AB InBev and SABMiller - The  birth of MegaBrew - Comment

AB InBev and SABMiller - The birth of MegaBrew - Comment...

The politics of M&A, the end of Anheuser-Busch InBev's affair and Britvic's Brazilian ballroom - The just-drinks Analyst

The politics of M&A, the end of Anheuser-Busch InBev's affair and Britvic's Brazilian ballroom - The...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?