Cementing relationships

San Miguel cements new unit with $2.2b Holcim purchase

The Philippines' largest conglomerate is splashing out on the country's largest cement manufacturer to take advantage of LafargeHolcim's withdrawal from Southeast Asia.
May 10, 2019

San Miguel Corporation is set to execute one of the largest merger deals out of the Philippines in recent years after the conglomerate agreed to buy a controlling stake in the country’s largest cement manufacturer in a $2.15 billion deal.

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