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Universal Robina Corporation to acquire Malaysian biscuit company for MYR 1 93bn

Universal Robina Corporation to acquire Malaysian biscuit company for MYR 1 93bn
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URC to acquire Malaysia s Munchy Food for ₧22 9B

Universal Robina Corp. (URC), the food group of the Gokongweis, said it is buying Malaysia’s Munchy Food Industries Sdn Bhd for P22.9 billion or RM1.92 billion on a cash-free and debt-free basis. In its disclosure, the company said the acquisition will make the local unit of URC in Malaysia the…

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