Happy hour for San Miguel buyers as beer price slashed

16 Apr 2008

San Miguel, the Philippine food and drinks group, last weekend cut the price range for the IPO of its beer unit to Ps8-Ps11 a share, from Ps8-Ps15.40.

This is the second price revision since the deal was announced in February. The initial offer price range was Ps9.50-Ps16.30.

The Manila ...

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