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                    [ArticleID] => 254280
                    [Title] => SMC seals deal to purchase Thai Brewery assets
                    [Summary] => Food and beverage giant San Miguel Corp. has sealed a deal to purchase the brewery assets of Thailand Amarit Brewery Ltd. with the payment of 3.9 billion baht (roughly $95 million) last Tuesday.


The conclusion of the deal followed the granting by Thailand’s Excise Department to SMC on June 1 of a license to produce beer in Thailand.


The acquisition gives SMC access to the fast-growing and largest beer market in Southeast Asia. Thai per capita beer consumption is among the highest in Asia.


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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EXCISE DEPARTMENT

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                    [ArticleID] => 254280
                    [Title] => SMC seals deal to purchase Thai Brewery assets
                    [Summary] => Food and beverage giant San Miguel Corp. has sealed a deal to purchase the brewery assets of Thailand Amarit Brewery Ltd. with the payment of 3.9 billion baht (roughly $95 million) last Tuesday.


The conclusion of the deal followed the granting by Thailand’s Excise Department to SMC on June 1 of a license to produce beer in Thailand.


The acquisition gives SMC access to the fast-growing and largest beer market in Southeast Asia. Thai per capita beer consumption is among the highest in Asia.


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
                    [URL] => 
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SMC seals deal to purchase Thai Brewery assets

By Zinnia B. Dela Peña | June 17, 2004 - 12:00am

Food and beverage giant San Miguel Corp. has sealed a deal to purchase the brewery assets of Thailand Amarit Brewery Ltd. with the payment of 3.9 billion baht (roughly $95 million) last Tuesday. The conclusion of...

Business