loader image

San Miguel Corp. Buys Holcim Phillipines in 2.15B Deal

June 10, 2019

“The acquisition of HPI will increase the foothold of the San Miguel Group in the cement business, and will provide the opportunity to implement its plan to expand its cement business nationwide,” SMC said.

With the divestment of the Switzerland-based cement maker’s activities in the Philippines, LafargeHolcim CEO Jan Jenisch said “we are completing our exit from the increasingly hyper competitive arena in South East Asia.” Read more at  https://www.philstar.com/business/2019/05/10/1916703/san-miguel-corp-buys-holcim-philippines-215-b-deal


Next-gen tycoon upholds Ayala legacy of steward leadership

Next-gen tycoon upholds Ayala legacy of steward leadership

  For demonstrating “notable efforts to create a collective better future for stakeholders, society, future generations and the environment,” Ayala Corp., one of the country’s oldest conglomerates, was deemed worthy to be added to the inaugural Steward Leadership (SL)...