Business Services Industry

Bidder milks market.(San Miguel Corp. acquires King's Creameries)(Brief Article)

Australasian Business Intelligence, February, 2005 by Easdown, Geoff

Feb 10, 2005 (Herald Sun - ABIX via COMTEX)

Philippines-based San Miguel has announced the acquisition of King's Creameries, one of Asia's leading ice cream groups. San Miguel is also seeking to acquire Australian-listed dairy products giant National Foods. San Miguel is offering $A6 a share for National Foods, trumping the $A5.45 per share offer from New Zealand's Fonterra Co-operative Group. San Miguel has indicated that it intends to use milk supplied by Victorian dairy farmers in many of its food businesses in the Asia-Pacific region.

Publication Date: 11 February 2005

SAN MIGUEL CORPORATION: 

NATIONAL FOODS LIMITED - ASX NFD:

KING'S CREAMERIES (S) PTE LTD

By Geoff Easdown

All copyright subsisting under the...

            
        
    
    	    
                
                
	
Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
Click Here
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement