The Philippines-based beverage company, San Miguel Corp. (SMC), has said it is in negotiations to acquire the Chinese brewing operations owned by the Malaysian company, Lion Corp.
The Philippines-based beverage company, San Miguel Corp. (SMC), has said it is in negotiations to acquire the Chinese brewing operations owned by the Malaysian company, Lion Corp.
SMC confirmed in a submission to the Manila Stock Exchange that the negotiations were in progress, adding that no agreement had yet been reached.
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