Mexico's FEMSA to launch $3.5 bln share, notes offer in Heineken divestment bid
16/02/2023 18:11
MEXICO CITY, Feb 16 (Reuters) - Mexican bottling and
retail conglomerate FEMSA will offer a total of 3.5 billion
euros ($3.7 billion) in common shares and unsecured notes in
Dutch beer giant Heineken, as it looks to divest from the
company, FEMSA said Thursday.
Heineken, as well as an investment vehicle controlled by the
Heineken family, are expected to participate in the offering,
FEMSA added in a filing to Mexico's main stock exchange.
($1 = 0.9355 euros)
(Reporting by Kylie Madry; Editing by Sarah Morland)
((Kylie.Madry@thomsonreuters.com;))