REFRESH MINERAL WATER

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                    [ArticleID] => 387583
                    [Title] => Universal Robina buys Nestlé Waters
                    [Summary] => 





Gokongwei-led Universal Robina Corp. (URC) has bought the manufacturing assets of Nestlé Waters, maker of Hidden Spring and Nestlé Pure Life.


In a statement, Nestlé Philippines said the sale is expected to be completed on April 2. Nestlé refused to disclose the price publicly-listed URC paid for the assets and trademarks.


Nestlé said it has decided to sell its water business because "is not doing well as expected." The company said it will just focus on its core competence like coffee production.


                    [DatePublished] => 2007-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Universal Robina buys Nestlé Waters

By Ma. Elisa Osorio  | March 3, 2007 - 12:00am

Gokongwei-led Universal Robina Corp. (URC) has bought the manufacturing assets of Nestlé Waters, maker of Hidden Spring and Nestlé Pure Life. In a statement, Nestlé Philippines said...

Business