Heineken: Mexican Femsa sells 5% of its capital.
(CercleFinance.com) - The Mexican brewer Fomento Económico Mexicano (Femsa) yesterday announced the sale of Heineken shares amounting to a maximum of 2.
5 billion euros, which corresponds to about 5% of the Dutch group's capital.
Heineken ordinary and Heineken Holding shares are being sold in the deal. They will be placed with international institutional investors by accelerated bookbuilding process.
After the transaction, Femsa intends to retain its special rights, including two seats on Heineken's board of directors.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
5 billion euros, which corresponds to about 5% of the Dutch group's capital.
Heineken ordinary and Heineken Holding shares are being sold in the deal. They will be placed with international institutional investors by accelerated bookbuilding process.
After the transaction, Femsa intends to retain its special rights, including two seats on Heineken's board of directors.
Copyright (c) 2017 CercleFinance.com. All rights reserved.