PHILIPPINES: San Miguel courts at least four suitors for 27% stake

By just-drinks.com editorial team | 6 March 2002

There are at least four global companies are interested in buying the 27% stake in Philippine brewer San Miguel owned by the country's government, according to press reports today. Ramon Ang, who was appointed chairman of the company today, was quoted by BusinessWorld as saying that several firms, not necessarily associated with the food and drink business had made initial inquiries about the planned divestment of the stake for at least US$1 billion. verage giant San Miguel Corp. (SMC) for at least $1 billion (or P51 billion).

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

There are at least four global companies are interested in buying the 27% stake in Philippine brewer San Miguel owned by the country's government, according to press reports today. Ramon Ang, who was appointed chairman of the company today, was quoted by BusinessWorld as saying that several firms, not necessarily associated with the food and drink business had made initial inquiries about the planned divestment of the stake for at least US$1 billion. verage giant San Miguel Corp. (SMC) for at least $1 billion (or P51 billion).

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page