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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 280922 [Title] => SMC now holds over 90% of Australias Natl Foods [Summary] => Having reached the threshold of 90 percent acceptances, food and beverage giant San Miguel Corp. is moving closer to the compulsory acquisition of the remaining shares of Australian dairy group National Foods Ltd.
In a disclosure to the Australian Stock Exchange, San Miguel said it now holds 90.13 percent of National Foods, which owns a range of leading consumer brands such as Pura fresh milk, King Island cheeses, and Yoplait yoghurts.
[DatePublished] => 2005-06-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 279224 [Title] => SMC wins control of National Foods [Summary] => Southeast Asias largest food and beverage conglomerate San Miguel Corp. (SMC) has won control of Australias National Foods Ltd. after gaining acceptances of 76.34 percent of shareholders, including the 19.02-percent stake of New Zealands Fonterra Cooperative Group Ltd.
In a disclosure to the Australian Stock Exchange, SMC said this would facilitate the completion of the food and beverage giants acquisition of National Foods within the month.
[DatePublished] => 2005-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 278251 [Title] => SMC completes acquisition of Australias National Foods this month [Summary] => Food and beverage giant San Miguel Corp. (SMC) expects to complete the acquisition of Australian dairy company National Foods Ltd. this month, SMCs chief financial officer Ferdinand Constantino said.
The purchase will give SMC a third of Australias A$3.5-billion dairy industry.
"We hope to complete it this month. Were just waiting for the necessary approvals," Constantino said.
[DatePublished] => 2005-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
JAMES BOAG AND SON
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 280922 [Title] => SMC now holds over 90% of Australias Natl Foods [Summary] => Having reached the threshold of 90 percent acceptances, food and beverage giant San Miguel Corp. is moving closer to the compulsory acquisition of the remaining shares of Australian dairy group National Foods Ltd.
In a disclosure to the Australian Stock Exchange, San Miguel said it now holds 90.13 percent of National Foods, which owns a range of leading consumer brands such as Pura fresh milk, King Island cheeses, and Yoplait yoghurts.
[DatePublished] => 2005-06-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 279224 [Title] => SMC wins control of National Foods [Summary] => Southeast Asias largest food and beverage conglomerate San Miguel Corp. (SMC) has won control of Australias National Foods Ltd. after gaining acceptances of 76.34 percent of shareholders, including the 19.02-percent stake of New Zealands Fonterra Cooperative Group Ltd.
In a disclosure to the Australian Stock Exchange, SMC said this would facilitate the completion of the food and beverage giants acquisition of National Foods within the month.
[DatePublished] => 2005-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 278251 [Title] => SMC completes acquisition of Australias National Foods this month [Summary] => Food and beverage giant San Miguel Corp. (SMC) expects to complete the acquisition of Australian dairy company National Foods Ltd. this month, SMCs chief financial officer Ferdinand Constantino said.
The purchase will give SMC a third of Australias A$3.5-billion dairy industry.
"We hope to complete it this month. Were just waiting for the necessary approvals," Constantino said.
[DatePublished] => 2005-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | June 9, 2005 - 12:00am
By Zinnia B. Dela Peña | May 27, 2005 - 12:00am
By Zinnia B. Dela Peña | May 19, 2005 - 12:00am
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