Investors bailed on Bud Light parent Anheuser-Busch InBev during the second quarter following calls for a boycott. But as the brewer’s share price fell, the foundation trust of one of the world’s wealthiest individuals, Bill Gates, stepped in, buying nearly $100 million worth of the stock.
During this year’s second quarter, which ended on June 30, the Bill & Melinda Gates Foundation Trust bought around 1.7 million shares of of AB InBev BUD, to the tune of around $96 million, according to a regulatory filing made on Aug. 14…
Read the full article here
Leave a Reply