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Bill Gates Invests $364 Million in Mexican Drink Giant



Microsoft founder Bill Gates has invested about 364 million dollars in Mexican drink giant FEMSA, the distributor of Coca-Cola in Latin America and dozens of beers including Tecate and Dos Equis.

Gates' investment firm, Cascade Investment LLC, filed a document with the US Securities and Exchange Commission on Thursday showing it was acquiring 1.2 percent of FEMSA capital through "B" shares.

Cascade acquired about 10.81 million of FEMSA's American Depository Shares Street traded in New York. FEMSA closed at 33.68 dollars late Wednesday.

Copyright AFP 2007.


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