Thursday, July 5, 2007

UPDATE 3-San Miguel, Kirin in talks on National Foods

(Reuters) - MANILA/TOKYO July 5 - Southeast Asia's largest
food and beverage group, San Miguel , is in talks to
sell a stake in Australia's National Foods Group, its biggest
overseas business, to Kirin Holdings as it seeks
funding for a shift into heavy industry.




San Miguel and Japan's second-largest brewer
confirmed on Thursday they were in preliminary negotiations.
Kirin is a longtime partner of San Miguel and owns 20 percent
of the Philippine group.


Read more at Reuters.com Bonds News

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