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Mexican conglomerate FEMSA is exiting the beer businesss. Here a FEMSA truck transporting Heineken and Tecate beer.  (Photo: FEMSA)
Manuel Silva and Duane McLaughlin, Cleary Gottlieb and Carlos Albarracín and Marcelo Mottesi, Milbank. (Latinvex collage)
Wednesday, February 22, 2023
Legal Briefs

Cleary Gottlieb Advises FEMSA’s $3.4 Bln Heineken Sale

Milbank advises Ecopetrol, Multibank offers; McDermott advises Diplomatico Rum sale.


Cleary Gottlieb represented Mexican conglomerate FEMSA’s offer of $3.4 billion shares of Netherlands-based Heineken; Milbank advised on Ecopetrol’s $1 billion tender offer and the initial purchasers on Panamanian bank Multibank’s $300 million offer and McDermott Will & Emery represented Destillers United Group in the sale of its Diplomático Rum brand to Brown-Forman Corporation.

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Keywords: Capital Markets, Cleary Gottlieb, Colombia, McDermott Will & Emery, Mexico, Milbank, M&As, Panama

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