Shares in Philippine food and beverage giant San Miguel Corp soared on Thursday after it announced plans to buy into one of its stakeholders in a defensive move by management to maintain control of the firm. San Miguel announced Wednesday it would acquire 49 percent of Top Frontier Holdings Inc., a company that owns about 26 percent of San Miguel ...

Top Philippines firm San Miguel said Tuesday it was on the prowl for big natural resource investments abroad as part of an increasingly aggressive expansion outside of its core brewing business. "It does not matter where, as long as it is viable and is a big company with big volume, we will be interested in investing in coal companies, (and ...

Top Philippines firm San Miguel said Tuesday it was on the prowl for big natural resource investments abroad as part of an increasingly aggressive expansion outside of its core brewing business. "It does not matter where, as long as it is viable and is a big company with big volume, we will be interested in investing in coal companies, (and ...