BILLY MAMARIL AND JOHNNY ABARRIENTOS

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                    [ArticleID] => 377571
                    [Title] => SMC sells share in Coke; disbandment looms
                    [Summary] => 



San Miguel Corp. will have to decide whether to keep the rights on the Coca-Cola franchise in the Philippine Basketball Association in next few months following its sale of its 65-percent stake in Coca-Cola Bottlers Phils. Inc. (CCBPI) to Atlanta-based parent Coca-Cola Co. for $590 million.


The Philippine Stock Exchange was informed Friday of the sale which will be completed upon compliance by SMC and Coca-Cola Co. of the transition service program and cooperation agreement for a maximum of 18 months.


                    [DatePublished] => 2006-12-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096369
                    [AuthorName] =>   Joey Villar
                    [SectionName] => Sports
                    [SectionUrl] => sports
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SMC sells share in Coke; disbandment looms

By Joey Villar | December 31, 2006 - 12:00am

San Miguel Corp. will have to decide whether to keep the rights on the Coca-Cola franchise in the Philippine Basketball Association in next few months following its sale of its 65-percent stake in Coca-Cola...

Sports