PHILIPPINES: San Miguel Corp spins off brewing assets

By just-drinks.com editorial team | 28 January 2009

San Miguel Corp is selling its domestic beer brands and brewing operations to its San Miguel Brewery subsidiary for around PHP39bn (US$839m), as the Philippines group looks to expand in other sectors.

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San Miguel Corp is selling its domestic beer brands and brewing operations to its San Miguel Brewery subsidiary for around PHP39bn (US$839m), as the Philippines group looks to expand in other sectors.

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