San Miguel Corporation can now push through with its P97.5 billion acquisition of 88.5 percent of Eagle Cement Corporation after the Philippine Competition Commission (PCC) has ruled that its approval is no longer required for the transaction. In a disclosure to the Philippine Stock Exchange, SMC...
Diversified conglomerate San Miguel Corporation reported that its subsidiary SMC Global Power Holdings Corp. is planning to buy back $400 million worth of its US Dollar-denominated senior perpetual capital Securities through a tender offer. In a disclosure to the Philippine Stock Exchange, SMC said...
Barangay Ginebra channeled its never-say-die attitude once again to author a huge come-from-behind win over bitter rival Magnolia – reminiscent of the good, old days of the team during the era of Sonny Jaworski according to head coach Tim Cone. Ginebra head coach Tim Cone likens Scottie...
Barangay Ginebra San Miguel just loves ending other teams’ winning streaks and putting a dent to their perfect records. Justin Brownlee (PBA Images) After handing PBA guest team Bay Area Dragons their first taste of defeat, the Gin Kings, behind the huge fourth quarter performance from Justin...
Magnolia is back on its full strength when it tries to preserve its perfect record against arch-nemesis Barangay Ginebra in what is seen to be another epic installment of their Manila Clasico rivalry in the 2022 PBA Commissioner’s Cup at the Mall of Asia Arena on Sunday, Oct. 23. Ian Sangalang...
A collision of coaching wits and a battle of the best basketball minds. There will be no scarcity of greatness when two legendary bench tacticians figure in a much-anticipated chess match as the Barangay Ginebra San Miguel of coach Tim Cone takes on the still undefeated Bay Area of Australian...
San Miguel Corporation (SMC) has opened a women’s health clinic in Tondo to provide specialized healthcare for women from nearby poor communities. In a statement, the conglomerate said the clinic aims to reduce the risk of breast and cervical cancer — two of the most common diseases among...
Diversified conglomerate San Miguel Corporation is planning to undertake a P12.66 billion tender offer for minority shares of Eagle Cement Corporation once the Philippine Competition Commission approves the P97.5 billion acquisition of the cement firm. In a disclosure to the Philippine Stock...
Diversified conglomerate San Miguel Corporation is planning to acquire 88.5 percent of Eagle Cement Corporation, a firm controlled by SMC President Ramon S. Ang, P97.5 billion. In a disclosure to the Philippine Stock Exchange, SMC said its Board of the Directors, with the endorsement of the Related...
Reliable as ever, Justin Brownlee took matters in his own hands and delivered when it mattered the most. Justin Brownlee (PBA Images) The resident import scored 13 points in the final frame – including the last eight points as Barangay Ginebra held off Meralco, 99-91, to bounce back from its...
Diversified conglomerate San Miguel Corporation has received the highest Issue Credit Rating of PRS Aaa from Philippine Rating Services Corporation (PhilRatings) for its planned P60 billion bond issuance. PhilRatings said SMC is planning a bond issuance of P40 billion with an oversubscription of...
Diversified conglomerate San Miguel Corporation is planning to raise up to P80 billion from the issuance of fixed-rate Peso-denominated bonds. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has authorized the offering and issuance of the bonds amounting to up...
