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Category: Business

Philippine regulator approves San Miguel’s up to $1.14 billion preferred share-sale plan

Philippine conglomerate San Miguel Corp priced shares in its food and beverage unit at the bottom of an indicative selling range, seeking to raise 34 billion pesos ($634 million) in Southeast Asia’s worst-performing market. (Wikimedia Commons/Elmer Domingo) MANILA — The Philippines’ corporate regulator said on Thursday it has approved a plan by conglomerate San Miguel Corp SMC.PS to raise […]
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