Bits and Snippets of the Philippines

Basic Reading of Global Filipinos

San Miguel To Spend $2 Billion in Acquisitions

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Philippine food and drinks giant San Miguel Corporation intends to spend about $2 billion in acquiring companies in various industries such as infrastructure projects and power plants. Such investments include tollway roads, power, oil, water and telecommunications.

Source: Bloomberg.com.

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Written by Raffy Pekson II

September 1, 2009 at 5:04 pm

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