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                    [ArticleID] => 218474
                    [Title] => Ayala Corp not in a hurry to sell Burger King
                    [Summary] => Ayala Corp. is moving to strengthen the operations of its Burger King fastfood business while it continues to scout for buyers who can offer the  right value for the company.


Ayala Corp.  managing director Rufino Luis T. Manotok said there is no urgent need to sell the fastfood unit. 


Manotok said management is not setting a timeframe for the sale at the risk of sacrificing the value of the company.


He said while the company has received offers from various local groups to acquire the Burger King fastfood business, no agreement has yet been finalized.


                    [DatePublished] => 2003-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 144262
                    [Title] => Pure Foods to focus on core business of food processing
                    [Summary] => Pure Foods Corp. (PFC) will spin off its poultry, feeds and flour businesses to sister firm San Miguel Foods Inc. (SMFI) as the former Ayala-owned unit focuses its operations on its core food processing business.


PFC corporate information officer Ferdinand Constantino informed the Philippine Stock Exchange (PSE) yesterday that the company’s board, chaired by Eduardo Cojuangco Jr., approved the spin-off in exchange for share in SMFI.


                    [DatePublished] => 2001-12-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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NOODLES CORP

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                    [ArticleID] => 218474
                    [Title] => Ayala Corp not in a hurry to sell Burger King
                    [Summary] => Ayala Corp. is moving to strengthen the operations of its Burger King fastfood business while it continues to scout for buyers who can offer the  right value for the company.


Ayala Corp.  managing director Rufino Luis T. Manotok said there is no urgent need to sell the fastfood unit. 


Manotok said management is not setting a timeframe for the sale at the risk of sacrificing the value of the company.


He said while the company has received offers from various local groups to acquire the Burger King fastfood business, no agreement has yet been finalized.


                    [DatePublished] => 2003-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 144262
                    [Title] => Pure Foods to focus on core business of food processing
                    [Summary] => Pure Foods Corp. (PFC) will spin off its poultry, feeds and flour businesses to sister firm San Miguel Foods Inc. (SMFI) as the former Ayala-owned unit focuses its operations on its core food processing business.


PFC corporate information officer Ferdinand Constantino informed the Philippine Stock Exchange (PSE) yesterday that the company’s board, chaired by Eduardo Cojuangco Jr., approved the spin-off in exchange for share in SMFI.


                    [DatePublished] => 2001-12-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Ayala Corp not in a hurry to sell Burger King

By Zinnia B. Dela Peña | August 25, 2003 - 12:00am

Ayala Corp. is moving to strengthen the operations of its Burger King fastfood business while it continues to scout for buyers who can offer the right value for the company. Ayala Corp. managing director Rufino...

Business

Pure Foods to focus on core business of food processing

By Christina Mendez | December 20, 2001 - 12:00am

Pure Foods Corp. (PFC) will spin off its poultry, feeds and flour businesses to sister firm San Miguel Foods Inc. (SMFI) as the former Ayala-owned unit focuses its operations on its core food processing business. PFC...

Business