Bill Gates invested $902 million in Heineken, although he doesn’t really like beer
Billionaire Bill Gates acquired a 3.76% stake in the brewing company
According to the information released by the Dutch regulator AFM, Bill Gates, the philanthropist and founder of Microsoft, has obtained a 3.8% minority stake in Heineken Holding NV – the controlling shareholder of the world’s second-largest brewer – Heineken HV.
The aggregate value of the deal amounted to approximately $902 million, from which 6.65 million shares in Heineken Holding have been acquired in his individual capacity, and another 4.18 million through the Trust.
The same day Gates was shopping for Heineke stocks, Fomento Economico Mexicano SAB (commonly referred to as ‘Femsa’), the Mexican Coca-Cola bottler and convenience store operator, launched a €3.7 billion sale of its holdings in Heineken.
According to information provided by Femsa, it planned to offer €1.9 billion in shares in Heineken NV priced at €91 apiece, and €1.3 billion in shares in Heineken Holding sold at €75 each. Heineken Holding controls 50% of Heineken NV.
This is not Gates’ first deal in the Netherlands. The Bill & Melinda Gates Foundation Trust foundation has also invested in Dutch online grocer Picnic BV and holds a 1.34% stake in Dutch fertilizer producer OCI NV.
