HOLLAND: Heineken investors unite to combine shares

By | 5 March 2007

Three investors in Heineken have decided to combine their stakes and form one majority shareholder.

The shareholders, to be united under the name L'Arche Green, will hold a 58.78% interest in Heineken Holding, the majority shareholder in the Dutch brewing giant.

The three investors are L'Arche Holding, the Heineken family's holding company, which owned 50% of the shares, LAC, another family holding company, which owned 1.97% of the shares, and Greenfee, another holding company that has held shares in Heineken since 1952.

Last month, Heineken reported an 11% rise in underlying profits for 2006 thanks to the biggest growth in sales of its namesake brand since the 1980s.

Sectors: Beer & cider

Companies: Heineken

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