Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation 
Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
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.
