San Miguel Corp to buy Eagle Cement via P97-B takeover deal

As billionaire Ramon S. Ang consolidates its businesses, conglomerate San Miguel Corp plans to take control of subsidiary Eagle Cement in a P97 billion deal.

In an exchange statement, SMC stated that the board of directors and related party transaction committee approved the acquisition of 88.5% of Eagle Cement, a publicly traded cement company, at the approved price of P22.02 per share.

This was a 43 percent increase from Eagle Cement's previous closing price of P15.40 per share. SMC will also make a mandatory offer to the minority shareholders of Eagle Cement.

Ang is the president and COO of SMC, one of the country's largest companies with operations in the food, beverage, energy and infrastructure sectors.

Cement - Related Products

All Categories Alexa Skills Amazon Devices Amazon Fashion Amazon Fresh Appliances Apps & Games Baby Beauty Books Car & Motorbike Clothing & Accessories Collectibles Computers & Accessories Deals Electronics Furniture Garden & Outdoors Gift Cards Grocery & Gourmet Foods Health & Personal Care Home & Kitchen Industrial & Scientific Jewellery Kindle Store Luggage & Bags Luxury Beauty Movies & TV Shows Music Musical Instruments Office Products Pet Supplies Prime Video Shoes & Handbags Software Sports, Fitness & Outdoors Subscribe & Save Tools & Home Improvement Toys & Games Under 500 Video Games Watches

Search

Amazon Brands

Bestsellers

Asbestos Cement

Cement - White

Cement Manufacturers / Dealers

Cement Products

Ferrocement

White Cement Manufacturers

by ZXY-NAN

ZXY-NAN Ceramic Tea pots Song ore Clear Cement Large Pot Product teapot

Price: 100148 200299

You Save: -50%

by Generic

Cement Bag for Craft | Crack Filler | DIY | Multipurpose (900).

Price: View At Amazon

by Generic

A.D. Enterprise JKCEMENT Wall MAX White Cement Based Putty 1KG (1)

Price: View At Amazon

by Generic

Rare India 1990 Dalmia Cement 50 Years Special Cover

Price: 699 999

You Save: -30%

by Quantum Retail

Quantum Retail - Red Oxide Pigment Powder for Concrete, Clay, Cement, Decor, Painting, Masonry and Paint Products Art Clay, and Flooring. (4.9 kg)

Price: 1199 1899

You Save: -37%

by Reyal

Reyal Red Iron Oxide Color 150 Grams (Color Code : 101) | Cement Color Paver Block Color Pigment Color Powder

Price: 249 300

You Save: -17%

by Electronic Spices

33 Ohm (?) 5 Watt Fusible Ceramic Cement Power Resistor Pack of 25pcs

Price: 232 389

You Save: -40%

by Generic

WEIRD Grade A Premium White Cement For

Price: View At Amazon

by Rutland Products

Rutland 610 Refractory Cement, 64 Fl Oz (Five Pack)

Price: View At Amazon

by Vooki

Vooki Ecofriendly Hard Stains Spray and Wipe for Toughest House Hold Stains 500 Ml - (Pack of 2)

Price: View At Amazon

by Generic

Vattathil Paints White Cement

Price: View At Amazon

by SAI PRASEEDA

SAI PRASEEDA 5 Kg_Loose_Grade A White Portland Cement_For Home_Filling The Cracks_Tile Gaps_Multi Purposes SCSPWC9

Price: 499 989

You Save: -50%

by Reyal

Reyal Black Iron Oxide Color 450 Gram | Pigment Color Powder Cement Color Paver Block Colors

Price: 499 800

You Save: -38%

by Barge SuperStik Cement TF

Barge Original SuperStik Super Stick TF Cement by Quabaug Corp -1 Quart- Shoe Glue Toluene Free

Price: 8249 0

You Save: 0

by USG

USG Hydrocal White Gypsum Cement 10 lbs - Molding and Casting Both Hollow and Solid

Price: 13547 0

You Save: 0

by ELECTROPRIME

ELECTROPRIME a13082400ux0287 5 Piece 0.33 Ohm 5W Wirewound Radial Cement Resistors, White

Price: 2028 2434

You Save: -17%

by The Amazing Tile And Glass Cutter

5/8" in Diamond Core Drill Bit X 6" Long 16mm x 152mm 5/8-11 Thread for Core Bit Adaptors Or Angle Grinder Cut Concrete Brick Cement Block Masonry Products fits Any of Our 5/8-11UNC Core Bit Arbors

Price: 3987 0

You Save: 0

by K S Company

K S Company White Color Priya Cement 30kg (53 cm x 30 cm x 5 cm)

Price: View At Amazon

view more..