Some old time investors say that one should always hold shares in banks, casinos and in companies that produce booze. These are companies that always make money, come rain or shine.
This article is about 2 alcoholic beverage producers, one onshore and the other offshore.
I recently found this article published on Moneyweb on the 18th of May Heineken considers takeover of brewer Distell - Moneyweb
In the article it states that Heineken, the second biggest beer producer in the world, is “in talks” about taking over African wine and spirits maker, Distell. Distell, as the article reports, “is considering its options”.