+ Follow BERRI LTD Tag
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[ArticleID] => 386546
[Title] => Moodyís gives SMC stable rating after CCBPI sale
[Summary] =>
Moodyís Investors Service has affirmed the ìBa1î local currency corporate rating of San Miguel Corp. after the food and beverage giant closed a deal to sell its entire 65-percent stake in Coca-Cola Bottlers Philippines Inc. (CCBPI) to Atlanta-based Coca-Cola Co. for $590 million.
[DatePublished] => 2007-02-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 383988
[Title] => National Foods boosts revenues by 8% to A$1.84B in 2006
[Summary] =>
Australian dairy giant National Foods Ltd., a subsidiary of Southeast Asia’s largest food and beverage conglomerate San Miguel Corp., reported an eight- percent increase in consolidated revenues last year, helped by higher volume and a wider product distribution network.
In a statement issued yesterday, San Miguel said National Foods’ unaudited revenues in 2006 reached A$1.84 billion. In the fourth quarter alone, revenues grew 14 percent year-on-year.
[DatePublished] => 2007-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 377406
[Title] => SMC sells 65% stake in Coca-Cola Phils to mother unit for $590M
[Summary] =>
Food and beverage giant San Miguel Corp. (SMC) has sold its 65-percent stake in softdrink unit Coca-Cola Bottlers Phils. Inc. (CCBPI) to Atlanta-based parent Coca-Cola Co. for $590 million, much lower than what analysts earlier estimated could be worth between $700 million to $800 million.
[DatePublished] => 2006-12-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 376526
[Title] => SMC sells stake in Coca-Cola Phils to US parent firm
[Summary] =>
Food and beverage giant San Miguel Corp. said yesterday it has reached an agreement with Atlanta-based Coca-Cola Co. regarding the sale of its 65 percent stake in Coca-Cola Bottlers Phils. Inc (CCBPI).
San Miguel made no mention of the agreed sale price but sources said the transaction might fetch between $700 million to $800 million.
In a statement, San Miguel said it has signed "a definitive agreement for the sale of its shareholding in CCBPI." Completion of the deal, however, is subject to certain conditions, the company added.
[DatePublished] => 2006-12-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 373709
[Title] => SMC forms Vietnam hog venture with Hormel
[Summary] =>
Food and beverage giant San Miguel Corp. has sold a 49-percent stake in its agribusiness arm in Vietnam to Hormel Foods Corp. for $20.48 million.
In a disclosure to the Philippine Stock Exchange, San Miguel said the deal would result in a joint venture with Hormel to run San Miguel Pure Foods (VN) Co. Ltd., its feeds and hogs business in Vietnam.
[DatePublished] => 2006-12-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 369416
[Title] => SMC may sell stake in Coca-Cola early next year
[Summary] =>
The sale by San Miguel Corp. (SMC) of its controlling 65-percent stake in Coca-Cola Bottlers Philippines Inc. (CCBPI) may take place in early 2007, an analyst said.
The source, who attended SMC’s financial briefing Thursday, said Southeast Asia’s largest food and beverage conglomerate expects to finalize a deal to sell its entire shareholdings in CCBPI to Atlanta-based Coca-Cola Co. in January next year. Coca-Cola owns the balance of 35 percent in CCBPI.
[DatePublished] => 2006-11-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 360674
[Title] => SMC declares 35¢ per share cash dividend
[Summary] => Food and beverage giant San Miguel Corp. (SMC) has declared a cash dividend of 35 centavos per share, payable on Nov. 6.
In a disclosure to the Philippine Stock Exchange, SMC said those entitled to receive the cash dividend are shareholders on record as of Oct. 13.
[DatePublished] => 2006-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 360818
[Title] => SMC declares 35¢ per share cash dividend
[Summary] => Food and beverage giant San Miguel Corp. (SMC) has declared a cash dividend of 35 centavos per share, payable on Nov. 6.
In a disclosure to the Philippine Stock Exchange, SMC said those entitled to receive the cash dividend are shareholders on record as of Oct. 13.
[DatePublished] => 2006-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 352011
[Title] => SMC profit up 15% to P4.36B in H1
[Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a 15-percent growth in its net income for the first six months of the year to P4.36 billion, largely due to lower raw material costs, stringent cost containment measures, and significant contribution from Australian dairy giant National Foods Ltd.
In a statement issued yesterday, SMC said consolidated net sales sustained double digit growth during the period, rising 21 percent to P121.6 billion.
[DatePublished] => 2006-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 335858
[Title] => SMC profit rises 7% to P2.17B
[Summary] => San Miguel Corp. (SMC), the largest Philippine food and drinks company, said its first quarter profit grew seven percent after financing charges trimmed earnings gains.
The conglomerate said its net income rose to P2.17 billion on net sales of P60.8 billion, an increase of 29 percent from the previous level. The improvement was mainly due to the consolidation of Australia’s National Foods Ltd. and a 13 percent volume gain in San Miguel’s food and agribusiness divisions.
[DatePublished] => 2006-05-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
BERRI LTD
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 386546
[Title] => Moodyís gives SMC stable rating after CCBPI sale
[Summary] =>
Moodyís Investors Service has affirmed the ìBa1î local currency corporate rating of San Miguel Corp. after the food and beverage giant closed a deal to sell its entire 65-percent stake in Coca-Cola Bottlers Philippines Inc. (CCBPI) to Atlanta-based Coca-Cola Co. for $590 million.
[DatePublished] => 2007-02-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 383988
[Title] => National Foods boosts revenues by 8% to A$1.84B in 2006
[Summary] =>
Australian dairy giant National Foods Ltd., a subsidiary of Southeast Asia’s largest food and beverage conglomerate San Miguel Corp., reported an eight- percent increase in consolidated revenues last year, helped by higher volume and a wider product distribution network.
In a statement issued yesterday, San Miguel said National Foods’ unaudited revenues in 2006 reached A$1.84 billion. In the fourth quarter alone, revenues grew 14 percent year-on-year.
[DatePublished] => 2007-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 377406
[Title] => SMC sells 65% stake in Coca-Cola Phils to mother unit for $590M
[Summary] =>
Food and beverage giant San Miguel Corp. (SMC) has sold its 65-percent stake in softdrink unit Coca-Cola Bottlers Phils. Inc. (CCBPI) to Atlanta-based parent Coca-Cola Co. for $590 million, much lower than what analysts earlier estimated could be worth between $700 million to $800 million.
[DatePublished] => 2006-12-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 376526
[Title] => SMC sells stake in Coca-Cola Phils to US parent firm
[Summary] =>
Food and beverage giant San Miguel Corp. said yesterday it has reached an agreement with Atlanta-based Coca-Cola Co. regarding the sale of its 65 percent stake in Coca-Cola Bottlers Phils. Inc (CCBPI).
San Miguel made no mention of the agreed sale price but sources said the transaction might fetch between $700 million to $800 million.
In a statement, San Miguel said it has signed "a definitive agreement for the sale of its shareholding in CCBPI." Completion of the deal, however, is subject to certain conditions, the company added.
[DatePublished] => 2006-12-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 373709
[Title] => SMC forms Vietnam hog venture with Hormel
[Summary] =>
Food and beverage giant San Miguel Corp. has sold a 49-percent stake in its agribusiness arm in Vietnam to Hormel Foods Corp. for $20.48 million.
In a disclosure to the Philippine Stock Exchange, San Miguel said the deal would result in a joint venture with Hormel to run San Miguel Pure Foods (VN) Co. Ltd., its feeds and hogs business in Vietnam.
[DatePublished] => 2006-12-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 369416
[Title] => SMC may sell stake in Coca-Cola early next year
[Summary] =>
The sale by San Miguel Corp. (SMC) of its controlling 65-percent stake in Coca-Cola Bottlers Philippines Inc. (CCBPI) may take place in early 2007, an analyst said.
The source, who attended SMC’s financial briefing Thursday, said Southeast Asia’s largest food and beverage conglomerate expects to finalize a deal to sell its entire shareholdings in CCBPI to Atlanta-based Coca-Cola Co. in January next year. Coca-Cola owns the balance of 35 percent in CCBPI.
[DatePublished] => 2006-11-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 360674
[Title] => SMC declares 35¢ per share cash dividend
[Summary] => Food and beverage giant San Miguel Corp. (SMC) has declared a cash dividend of 35 centavos per share, payable on Nov. 6.
In a disclosure to the Philippine Stock Exchange, SMC said those entitled to receive the cash dividend are shareholders on record as of Oct. 13.
[DatePublished] => 2006-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 360818
[Title] => SMC declares 35¢ per share cash dividend
[Summary] => Food and beverage giant San Miguel Corp. (SMC) has declared a cash dividend of 35 centavos per share, payable on Nov. 6.
In a disclosure to the Philippine Stock Exchange, SMC said those entitled to receive the cash dividend are shareholders on record as of Oct. 13.
[DatePublished] => 2006-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 352011
[Title] => SMC profit up 15% to P4.36B in H1
[Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a 15-percent growth in its net income for the first six months of the year to P4.36 billion, largely due to lower raw material costs, stringent cost containment measures, and significant contribution from Australian dairy giant National Foods Ltd.
In a statement issued yesterday, SMC said consolidated net sales sustained double digit growth during the period, rising 21 percent to P121.6 billion.
[DatePublished] => 2006-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 335858
[Title] => SMC profit rises 7% to P2.17B
[Summary] => San Miguel Corp. (SMC), the largest Philippine food and drinks company, said its first quarter profit grew seven percent after financing charges trimmed earnings gains.
The conglomerate said its net income rose to P2.17 billion on net sales of P60.8 billion, an increase of 29 percent from the previous level. The improvement was mainly due to the consolidation of Australia’s National Foods Ltd. and a 13 percent volume gain in San Miguel’s food and agribusiness divisions.
[DatePublished] => 2006-05-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
