Heineken NV (OTCPK:HINKF)

$ 101.54 3.37 (3.43%) Market Cap: 57.10 Bil Enterprise Value: 74.18 Bil PE Ratio: 23.01 PB Ratio: 2.64 GF Score: 83/100

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Heineken NV to Acquire Control of Distell and Namibia Breweries to Create a Regional Beverage Champion for Southern Africa Call Transcript

Nov 15, 2021 / 12:00PM GMT

Release Date Price: $111.5 (+1.13%)

Transcript

Operator

Welcome to today's Heineken conference call. My name is Jordan, and I'll be coordinating your call today.

(Operator Instructions)

I'm now going to hand over to Dolf Bandon Brink, CEO and Chairman of the Executive Board to begin. Dolf, please go ahead.

Rudolf Gijsbert Servaas van den Brink

Heineken N.V. - Chairman of the Executive Board & CEO

Thank you, and good morning, good afternoon, good evening, wherever you may be on the planet. It was a long time in the making, as some of you have, I'm sure, picked up over the last month that we are very happy to announce today that we intend to acquire control of Distell, Namibia Breweries to create a regional beverage champion for Southern Africa.

So on the first slide, we will go into detail on each of the components, but we will be putting together 3 incredible and proud and successful companies each in their own right. Distell, the leading African cider flavored alcoholic beverages, wine and spirit player, Heineken, of course, with our long presence on the continent over 100 years

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