The Philippines' leading food and beverage firm, San Miguel Corp
said on Wednesday it would take a second look at acquiring RFM
Corp's processed meats and poultry unit, Swift Foods Corp.
The Philippine food and beverage company San Miguel Corp announced
that it had sold its 49 per cent stake in juice firm Sugarland
Beverages Corp to unit La Tondena Distillers Inc (LTDI) for
PHP1.56bn.
Philippine soft drink maker Cosmos Bottling Corp has been valued at
$281.4m in a deal under which it will be sold to San Miguel Corp
and the Coca Cola Co.
The Philippines' leading food conglomerate San Miguel Corp said on
Tuesday it was still discussing the purchase of soft drinks firm
Cosmos Bottling Corp with RFM Corp.
US soft drink giant Pepsico Inc has teamed up with the Carlyle
global investment group to try to outbid San Miguel Corp in the
race to acquire Philippine soft drink firm Cosmos Bottling Corp.
The Philippine's food and beverage company San Miguel Corp said on
July 11 that it hoped to clinch a deal by next month to buy Cosmos
Bottling Corporation (CBC).
The Philippine food group San Miguel confirmed its strong interest
in the condiments business, however denied being in talks with
Southeast Asia Food Inc and Silver Swan Manufacturing Co.