By Matteo Castia
Heineken NV said Tuesday that it is currently engaged with South African beverage company Distell Group Holdings Ltd. regarding a potential transaction between the two brewers.
Also on Tuesday but in a separate release, Distell said Heineken approached it regarding a potential acquisition of the majority of its business.
Both companies said there still isn't any certainty that an agreement will be reached.
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(END) Dow Jones Newswires