HOLDING company Metro Pacific Corp. (MPIC) announced on Monday that it is forging a partnership with conglomerate Carmen's Best to expand the operations of the latter's dairy farm and production of its best-selling ice cream brand.
Under the partnership, Carmen's Best will combine its assets and operations into The Laguna Creamery Inc. (TLCI), with MPIC owning a 51-percent equity interest in TLCI and Carmen's Best retaining 49 percent.
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