Heineken Stock Bought By Bill Gates For $902 Million - Part For Himself, The Rest For Charity

Known as the world's second-largest brewer, Heineken Holding NV is a holding company controlled by Bill Gates that has acquired a minority stake in the company for about $902 million.

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Heineken Holding, a major Dutch beer maker, filed a filing last week with the Dutch regulator AFM, indicating that Microsoft founder Steve Ballmer had bought 3.8% of the brewery. Bill and Melinda Gates Foundation Trust and his individual account bought 6.65 million shares of Heineken Holding, and four million shares through his individual account through the Bill & Melinda Gates Foundation Trust. 

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At an average closing share price price of €848.2 million ($902 million), Trade Algo calculated that the shares are worth €848.2 million ($902 million) based on Trade Algo calculations.

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Fomento Economico Mexicano SAB sold a portion of its holdings in Heineken for €3.7 billion on the same day Gates acquired its stake. As part of a strategic review last week, Coca-Cola bottler and convenience store operator Femsa announced plans to get rid of its shares in Heineken.

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In an accelerated share offering, Femsa said it would offer shares in Heineken NV worth €1.9 billion at 91 europips, while stock in Heineken Holding worth €1.3 billion at 75 europips in its offering. With a 50% stake in Heineken Holding, the company is the owner of the brewery that makes the name-brand beer along with Amstel, Moretti, and Sol among others. 

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Additionally, the Bill & Melinda Gates Foundation Trust foundation has invested in the Dutch online grocer Picnic BV, and it has purchased a 1.34% stake in the Dutch fertilizer manufacturer OCI NV through the Gates Foundation Trust. 

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In recent years, it has established itself as one of the most powerful nonprofit institutions in the world, employing almost 1,800 staffers and spending nearly $80 billion because of its nonprofit work. It was not immediately clear whether or not Heineken would respond to a request for comment, nor did the Bill & Melinda Gates Foundation. 

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