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May 4, 2017, 6:18 p.m. EDT

Heineken shares close higher after rest of Lagunitas acquired

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By Wallace Witkowski

HEINY

U.S. shares of Heineken NV /zigman2/quotes/206351165/composite HEINY -0.07% finished higher Thursday after the Dutch brewer said it acquired the remaining shares of craft brewer Lagunitas Brewing Co. Heineken shares closed up 2.3% at $43.60. Heineken had acquired a 50% stake in Lagunitas in 2015. Lagunitas founder Tony Magee will serve as executive chairman of the Petaluma, Calif., and Chicago craft brewer, which will remain as an independent unit within Heineken, the company said.

/zigman2/quotes/206351165/composite
US : U.S.: OTC
$ 60.54
-0.04 -0.07%
Volume: 12,133
June 23, 2021 3:59p
P/E Ratio
N/A
Dividend Yield
0.56%
Market Cap
$69.46 billion
Rev. per Employee
N/A
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