San Miguel evaluates Carlyle, CVC Pure Foods buyout offers
Philippines conglomerate San Miguel Corp. said it is reconsidering offers from the Carlyle Group and CVC Capital Partners to buy 100% of its subsidiary Pure Foods, coming as it weighs the three domestic and one offshore offers it reportedly received last week.
San Miguel President Ramon S. Ang earlier said that the company had reconsidered its opposition to giving up 100% of the group because an outright sale offers a quicker and more direct procedure than the...
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