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| Bill Gates buys Stake in Mexican Beer Brewery |
| Mexico, 21.12.2007 |
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| Microsoft founder Bill Gates invested $392 million to purchase a stake in Mexican brewery Femsa. Femsa's Mexican beer.Femsa, also known as Fomento Economico Mexicano, is based in the northern city of Monterrey and has a history going back to 1890.
Femsa's Mexican beer brands include, Sol (i like that one a lot), Tecate, Superior and Kaiser.
Femsa is not a romantic Mexican beer brewer, they are also big in soft drinks.
Bill Gates's investment is sure driven by return and not by beer taste.
More details on Reuters.
Bill Gates now owns 3-percent of the world’s second-largest Coke bottler and Mexico’s second-largest brewery. I say good for you, Mr. Gates. Cascade Investment LLC, the asset management firm that Gates owns, recently purchased almost 11 million shares of Monterrey, Mexico’s Femsa.
Femsa has a soft drink unit (Coca-Cola Femsa), a beer subsidiary, and a retail unit that runs Mexico’s popular Oxxo convenience stores.
Reuters
www.14u.com |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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![Bill Gates buys stake in Mexican brewer Femsa [Reuters]](/foto//f_00791_m.jpg)