Delta Zimbabwe Plans to Acquire Zambia’s Natbrew

Delta Corp. is finalizing a transaction to acquire controlling stake in National Breweries, the Zambian sorghum beer company that is listed on the Lusaka Securities Exchange, Delta says in emailed statement.

* Equity is being acquired from Heinrich’s Syndicate, a subsidiary of Anheuser-Busch InBev;
* Transaction subject to various regulatory approvals;
* Full impact of transaction is being determined, but it isn’t material for Delta. Source: Bloomberg