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.


Anta Sports Expands Global Footprint With Strategic Puma Stake
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Instagram Outage Disrupts Thousands of U.S. Users
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 



