GLOBAL credit market research firm Credit Sights said it is maintaining its outperform recommendation on Philippine conglomerate San Miguel Corp. (SMC) in light of its recent purchase of Eagle Cement.
"SMC recently announced its plans to acquire an 88.5 percent stake in Eagle Cement (ECC), one of the largest cement companies in the Philippines. Being vertically integrated, it is engaged in the manufacturing, processing and distribution of cement and cement products, and has a production capacity of 8.6 million tons per annum."
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.