Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Heineken has bought €1 billion worth of its shares from Mexican Coca-Cola bottler, Fomento Economico Mexicano SAB (FEMSA) after the latter launched a €3.7 billion stock and equity-linked sale for part of its holdings in the Dutch beer group.
FEMSA’s decision to divest its stake in Heineken after it determined a series of actions and divestitures to achieve strategic focus, included offloading its holding in Heineken.
According to José Antonio Fernández Carbajal, FEMSA’s executive chairman of the board, the decision to divest Heineken shares came after thoroughly analyzing their business platforms, including their strategic opportunities, long-range plans, and the best strategy to continue to drive growth and allocate capital in the future.
The buyback is a component of FEMSA's accelerated bookbuild offering of €1.9 billion in Heineken shares, priced at €91 per share, and €1.3 billion in Heineken Holding shares, priced at €75 each.
The Mexican bottler has announced a sale of convertible bonds worth €500 million that could be converted into shares of Heineken Holding.
The bonds were priced at an annual coupon of 2.625% and a conversion premium of 27.5 percent, with the initial exchange price set at €95.625. They would mature in three years.
The overall financial stake held by FEMSA in the Heineken Group will drop from 14.76 percent to 8.13 percent.
