SMFB $634m share sale sealed at low end

Jonathan Breen

October 26, 2018 09:45 AM

manila on map px23-0

Philippine conglomerate San Miguel Corp raised Ps34.1bn ($634.2m) on Thursday after selling shares in subsidiary San Miguel Food and Beverage at the bottom of the price guidance.

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Topics

Deutsche Bank JP Morgan UBS Equity Philippines Asia Follow-ons and Rights Issues Asia Morgan Stanley Southeast Asia Asean Asia Pacific Follow-ons and Rights issues Emerging Markets Goldman Sachs

JB

Jonathan Breen

Equities editor GlobalCapital Asia