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Proposed Acquisition by Heineken N.V of a further interest in Namibia Breweries Limited and the combination of Heineken’s current South African business, along with its increased interest in Namibia Breweries Limited, and the flavoured alcoholic beverages, wine and spirits businesses of Distell Group Holdings Limited

Reference Number: CCC/MER/04/27/2022

Case parties: Heineken and Namibian Breweries Investment Holdings Limited and Distell Group Holdings Limited

Date of decision: February 10, 2023