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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 132609 [Title] => SMC to proceed as planned on Cosmos deal [Summary] => San Miguel Corp. (SMC) is pushing through with its due diligence audit of Cosmos Bottling Corp. even as the RFM softdrinks subsidiary is in the middle of a legal battle intended to stop its sale.
SMC sources said the restraining order on the sale of CBC obtained by Iloilo Congressman Augusto Syjuco does not cover the conduct of due diligence by SMC, which is prepared to shell out P15 billion for 100 percent of CBC, the countrys second largest softdrink firm.
[DatePublished] => 2001-09-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 128544 [Title] => Cosmos sale to SMC may hit P15B [Summary] => The sale of Cosmos Bottling Corp. (CBC) to San Miguel Corp. would amount to an enterprise value of P15 billion, or P6.60 per share, if the selling party RFM Corp. could further leverage its position in the transaction.
RFM vice president and corporate information officer Ramon Lopez said the Concepcion-controlled conglomerate is working towards the P15-billion goal for the sale of 100 percent of CBC, its softdrink subsidiary.
[DatePublished] => 2001-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 128182 [Title] => La Tondeña to merge water, juice units [Summary] => La Tondeña Distillers Inc. (LTDI), the liquor and juice subsidiary of the San Miguel group, will integrate its acquired companies into a single unit in preparation for the planned spin-off under Coca-Cola Bottllers Philippines Inc. (CCBPI).
In a disclosure to the Philippine Stock Exchange, SMC corporate information officer Ferdinand Constantino said the LTDI board of directors had approved the merger of Sugarland Beverage Corp., Metro Bottled Water Corp. and SMC Juice Inc. into LTDI, which will be the surviving corporation.
[DatePublished] => 2001-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CHEERS AND JOLT
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 132609 [Title] => SMC to proceed as planned on Cosmos deal [Summary] => San Miguel Corp. (SMC) is pushing through with its due diligence audit of Cosmos Bottling Corp. even as the RFM softdrinks subsidiary is in the middle of a legal battle intended to stop its sale.
SMC sources said the restraining order on the sale of CBC obtained by Iloilo Congressman Augusto Syjuco does not cover the conduct of due diligence by SMC, which is prepared to shell out P15 billion for 100 percent of CBC, the countrys second largest softdrink firm.
[DatePublished] => 2001-09-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 128544 [Title] => Cosmos sale to SMC may hit P15B [Summary] => The sale of Cosmos Bottling Corp. (CBC) to San Miguel Corp. would amount to an enterprise value of P15 billion, or P6.60 per share, if the selling party RFM Corp. could further leverage its position in the transaction.
RFM vice president and corporate information officer Ramon Lopez said the Concepcion-controlled conglomerate is working towards the P15-billion goal for the sale of 100 percent of CBC, its softdrink subsidiary.
[DatePublished] => 2001-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 128182 [Title] => La Tondeña to merge water, juice units [Summary] => La Tondeña Distillers Inc. (LTDI), the liquor and juice subsidiary of the San Miguel group, will integrate its acquired companies into a single unit in preparation for the planned spin-off under Coca-Cola Bottllers Philippines Inc. (CCBPI).
In a disclosure to the Philippine Stock Exchange, SMC corporate information officer Ferdinand Constantino said the LTDI board of directors had approved the merger of Sugarland Beverage Corp., Metro Bottled Water Corp. and SMC Juice Inc. into LTDI, which will be the surviving corporation.
[DatePublished] => 2001-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Christina Mendez | September 5, 2001 - 12:00am
July 31, 2001 - 12:00am
July 28, 2001 - 12:00am
Recommended
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
9 hours ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
9 hours ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
1 day ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
2 days ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
2 days ago
Lotto Nov 8, 2024
EZ2/LVM - 24 22
SUERTRES - 8 9 4
6D Lotto - 4 6 7 5
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P112,252,998.00
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P106,832,642.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66