Bill Gates Buys Stake In Mexican Beer Brewery

Posted: Dec 21 2007, 7:45am CST | by , Updated: Aug 11 2010, 5:24am CDT, in News | Other Stuff

Bill Gates buys Stake in Mexican Beer Brewery
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Microsoft founder Bill Gates invested $392 million into purchasing a stake in Mexican brewery Femsa.

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 surely driven by return and not by beer taste.
More details on Reuters.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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