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Bill Gates buys Heineken shares from Femsa

The Microsoft co-founder has acquired a stake in the Dutch beverage giant held by Mexico's FEMSA.

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Although Bill Gates confessed a few years ago that he was “not a big beer drinker”, it seems that in business terms he is a beer drinker. As reported by Reuters, Gates would have the shares of Mexico’s FEMSA, which is currently being sold by Dutch beverage giant Heineken Holding NV, as part of his new business plan.

FEMSA reportedly sold its 18 million shares in Heineken Holding and the Bill and Melinda Gates Foundation reportedly acquired 10.8 million of those shares, worth 883 million euros, according to Bloomberg calculations at the closing share price on 17 February. In total their stake will be 3.76%, according to the Netherlands Authority for the Financial Markets (AFM) register.

Both individually and through the Bill & Melinda Gates Foundation Trust, Gates’ investments have diversified in recent years. A few months ago, he became the largest private owner of farmland in the United States, with almost 100,000 hectares. In addition, the Foundation has also invested in Dutch online supermarkets Picnic BV, among other investments.