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PHILIPPINES SAN MIGUEL TO ABSORB DEBT OF COCA COLA AMATIL UNIT.

Publication: AsiaPulse News

Publication Date: 05-FEB-01
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COPYRIGHT 2001 Asia Pulse Pty Ltd

SYDNEY, Feb 5 Asia Pulse - San Miguel Corp has confirmed that it will take on debt from the Philippines unit of its part-owned Australian subsidiary Coca-Cola Amatil Ltd (ASX:CCL) (CCA) under a proposed share swap deal.

Australian bottler CCA is negotiating with its two largest shareholders San Miguel and US-based The Coca...

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