san miguel

Philex (PX) bidding war: Manny Pangilinan vs. Ramon Ang

Another bidding war is supposedly in the making between the two groups allegedly responsible for the 275% increase in the price of Meralco (MER) during the last 7 months. The latest battlefront: Philex Mining Corporation (Stock Code: PX).

San Miguel Brewery (SMB) bonds in the Philippines

In what is touted as the biggest corporate bond issue in the Philippines, beer company San Miguel Brewery, Inc. (SMB) successfully raised P38.8 billion or US$800 million during this week’s sale of its fixed-rate bonds.

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