Listed San Miguel Corp. (SMC) is acquiring a controlling interest in Eagle Cement Corp., which is also a publicly listed company. In a disclosure to the Philippine Stock Exchange, SMC said it is acquiring 88.5 percent of ECC at a price of P22.02 ...
The conglomerate is stepping back from the $2.15 billion acquisition.
On Monday (May 11), San Miguel Corp. (SMC) disclosed to the Philippine Stock Exchange that its proposal to acquire a controlling 85.73 percent of Holcim Philippines Inc. (HPI) by May 10, 2020 had lapsed. Subsequently, the offer for the shares by First ...
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