San Miguel-Kirin deal

The committee tasked to look into the US$ 540-million deal between San Miguel Corp.(SMC) and Kirin Brewery Co. Ltd. chose not to tackle the issue involving the valuation in the transaction so as not t…

The committee tasked to look into the US$ 540-million deal between San Miguel Corp.(SMC) and Kirin Brewery Co. Ltd. chose not to tackle the issue involving the valuation in the transaction so as not to delay the review. Committee head Trade and Industry Secretary Manuel A. Roxas II told reporters in mid-February that if the government chose to look further into the premium, it would only complicate the review process.