President Gloria Macapagal-Arroyo hailed Wednesday the decision of US softdrink giant Coca-Cola Company to stay and expand its operations in the Philippines after it gained full ownership of Coca-Cola Bottlers Philippines Inc. Coca-Cola Company has bought from San Miguel Corporation (SMC) its 65 per cent stake in local bottlers for US$590 million. (Asia Pulse, Yahoo Finance News)
Wednesday, March 28, 2007
Coca-Cola To Stay In The Philippines
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