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.

Just Drinks Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now