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San Miguel buy coke

Last year the company bundled its food, beer and liquor business into a single entity under the name San Miguel Food and Beverage inside. Still the project has to pass other hurdles before it can be officially assigned to SMC or other bidders. Since SMC holds a majority stake in Petron. In SMC has started a major restructuring program and added infrastructure, mining, petroleum and power assets to its staple food and beverage businesses. Aim was to bolster revenues and to make the business less dependent from one sector of the industry. As a consequence SMC sold in Despite the consolidation Kirin retained its stake in San Miguel Brewery. Back to the overview. Share this article: Facebook. Related News Yes, I want to receive the free newsletter from Inside. I can unsubscribe any time. Privacy Policy Wir verwenden Cookies. Durch die Nutzung unserer Website stimmen Sie dem Einsatz zu.

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San Miguel buy coke

We are grateful to San Miguel Corporation for its continuing support of our long-term commitment to the Philippines, and we look forward to continued cooperation with San Miguel, who will remain a key supplier to our business,' said Muhtar Kent, president and chief operating officer of The Coca-Cola Company. This is a very important market for us, and we believe our business here has great growth potential. Our business in the Philippines will now be fully integrated with our Company's overall objectives. It will benefit from full access to our Company's management expertise in helping to operate the bottling businesses,' Kent concluded. Cojuangco Jr. For its part, San Miguel Corporation is to develop its own domestic beverage business, producing juice drinks and ready-to-drink teas, to complement existing operations in Thailand and Indonesia. The Coca-Cola Company is the world's largest beverage company. Along with Coca-Cola, recognized as the world's most valuable brand, the Company markets four of the world's top five nonalcoholic sparkling brands, including Diet Coke, Fanta and Sprite, and a wide range of other beverages, including diet and light beverages, waters, juices and juice drinks, teas, coffees, energy and sports drinks. Through the world's largest beverage distribution system, consumers in more than countries enjoy the Company's beverages at a rate exceeding 1. For more information about The Coca-Cola Company, please visit our website at www. This report contains statements, estimates or projections that constitute 'forward-looking statements' as defined under U. Generally, the words 'believe,' 'expect,' 'intend,' 'estimate,' 'anticipate,' 'project,' 'will' and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from The Coca-Cola Company's historical experience and our present expectations or projections. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

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