L’Arche Green to buy more Heineken Holding shares
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Posted: 26 August 2013 | Heineken | No comments yet
L’Arche Green N.V., is planning to buy up to a maximum of EUR 100 million Heineken Holding shares…
L’Arche Green N.V., which holds 51.083% of the shares in Heineken Holding N.V., is planning to buy up to a maximum of EUR 100 million Heineken Holding shares. L’Arche Green has mandated a bank to purchase Heineken Holding N.V. shares in the open market on the company’s behalf between 9 September 2013 and 9 July 2014.
In 2010 and 2011 L’Arche Green successfully executed two similar purchase plans for a total amount of EUR 100 million. L’Arche Green is the company in which the Heineken and Hoyer families have placed their shareholdings in Heineken Holding.