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…
After selling its ventures in Australasia, food and beverage conglomerate Universal Robina Corporation (URC) is beefing up its presence in Southeast Asia with the acquisition of Malaysia’s Munchy Food Industries Sdn. Bhd. for about P22.86 billion. In a disclosure to the Philippine Stock Exchange, I
Gokongwei-led URC to acquire Malaysian snack firm Munchy's bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
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