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Stock Commentary: LT Group bags P2.2-B from Victorias Milling for alcohol unit

For LTG, it was able to raise some cash selling off non-critical components of its group, while for VMC, it was able to further specialize within its niche by adding capacity and a fairly significant knowledge base to its operations. ....

Tanduary Distillers Inc , Victorias Milling Co , Asian Alcohol Corporation , Lt Group Inc , Philippine Stock Exchange , Victorias Milling Co ,

Lucio Tan group sells alcohol business to Victorias Milling

The Lucio Tan Group is consolidating its alcohol businesses with the sale of 100 percent of Asian Alcohol Corporation (AAC) to affiliate Victorias Milling Company (VMC) for P2.21 billion.
In a disclosure to the Philippine Stock Exchange, LT Group Inc. said AAC, a manufacturer of rectified and dena ....

Negros Occidental , Lucio Tan Group , Victorias Milling Company , Castelbridge Investment Corporation , Prior Holdings Inc , Group Inc , Tanduay Distillers Inc , Asian Alcohol Corporation , Philippine Stock Exchange , Tanduay Distillers , Prior Holdings , Castelbridge Investment , Purchase Agreement ,

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