股指期货操作South Africa's competition watchdog approves Diageo, Brandhouse merger

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Whisky b股指期货操作arr股指期货操作els are seen in the warehouse of the Diageo 股指期货操作cardhu distillery in Scotland March 21, 2014. REUTERS/Russell Cheyne

股指期货操作jOHANNESBURG (Reuters) - South Africa’s Competition Tribunal on Wednesday approved a merger between London-based spirit maker Diageo (DGE.L) and local firm Brandhouse Beverages.

The competition watchdog approved the deal on condition that the new entity, to trade as DHN in South Africa, replaced most of the 451 jobs that would be shed by Brandhouse as a result of the merger.