SAB's acquisition of Smirnoff and Guinness brands approved conditionally in South Africa
( September 5, 2019, 15:14 GMT | Official Statement) -- MLex Summary: South African Breweries' deal with Diageo South Africa to take control of Guinness- and Smirnoff-branded products in South Africa has been approved with conditions by the country's Competition Tribunal. TAmong other things, the conditions oblige the parties not to exchange competitively sensitive information, the authority said in a statement today. They also call for SAB to continue to provide a proportion of its refrigerator-cooler space to competitors in cider brands and flavoured alcoholic beverages.Statement follows....
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