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                    [ArticleID] => 100720
                    [Title] => SMC buys local food, drinks firm for P3 B
                    [Summary] => 

Food and beverage giant San Miguel Corp. (SMC) is buying a local food and
drinks outfit for P3 billion and is also considering proposals for a buyout
from four international companies in a bid to step up its overseas
operations.

As this developed, SMC has expressed optimism about 2000 and is targeting a 40
percent growth in revenue in the next two years, to be led largely by bigger
volumes from its core businesses, including overseas operations. SMC said it is
also aiming a 10-fold increase in its exports in the next three to four
years.

Alberto M.
                    [DatePublished] => 2000-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

DE LARRAZABL

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100720
                    [Title] => SMC buys local food, drinks firm for P3 B
                    [Summary] => 

Food and beverage giant San Miguel Corp. (SMC) is buying a local food and
drinks outfit for P3 billion and is also considering proposals for a buyout
from four international companies in a bid to step up its overseas
operations.

As this developed, SMC has expressed optimism about 2000 and is targeting a 40
percent growth in revenue in the next two years, to be led largely by bigger
volumes from its core businesses, including overseas operations. SMC said it is
also aiming a 10-fold increase in its exports in the next three to four
years.

Alberto M.
                    [DatePublished] => 2000-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SMC buys local food, drinks firm for P3 B

By Rocel Felix | February 10, 2000 - 12:00am

Food and beverage giant San Miguel Corp. (SMC) is buying a local food and drinks outfit for P3 billion and is also considering proposals for a buyout from four international companies in a bid to step up its...

Business