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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 137925 [Title] => SMC agrees on P14-B price for Cosmos [Summary] => Food and beverage conglomerate San Miguel Corp. and The Coca Cola Co. have finally agreed to purchase the controlling 83.2 percent interest in RFM unit Cosmos Bottling Corp. for P14 billion.
RFM president and chief executive officer Jose Concepcion III told The STAR yesterday that including the cash portion, the purchase price would be around P15 billion. "But if you deduct the expenses, it would be closer to P14 billion," he said.
The signing of the final purchase agreement is expected to take place in the next few days, according to Concepcion.
[DatePublished] => 2001-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
COCA-COLA AND COSMOS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 137925 [Title] => SMC agrees on P14-B price for Cosmos [Summary] => Food and beverage conglomerate San Miguel Corp. and The Coca Cola Co. have finally agreed to purchase the controlling 83.2 percent interest in RFM unit Cosmos Bottling Corp. for P14 billion.
RFM president and chief executive officer Jose Concepcion III told The STAR yesterday that including the cash portion, the purchase price would be around P15 billion. "But if you deduct the expenses, it would be closer to P14 billion," he said.
The signing of the final purchase agreement is expected to take place in the next few days, according to Concepcion.
[DatePublished] => 2001-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
October 26, 2001 - 12:00am
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