date:Aug 06, 2018
to the long-term target of below 2.5 times. The transaction will be immediately accretive to margins and accretive to earnings per share (EPS) in the near term.
Next steps
The strategic partnership between Heineken, CRE and CR Beer and the company transactions are subject to, among others, due diligence and further negotiations and entering into definitive, binding contractual agreement(s).
As at the date of this announcement, the terms and conditions of the definite agreement(s) have yet to