Philippines’ Gokongwei Group Buys Malaysia’s Munchy For $454 Million, Boosting Southeast Asian Footprint |
| November 29, 2021 | November 2021 Bond Updates |
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Universal Robina Corp. (URC)—controlled billionaire Lance Gokongwei and his family—has agreed to buy Malaysia’s Munchy Food Industries from private equity firm CVC Capital Partners for 1.93 billion ringgit ($454 million) as the Philippine company expands its footprint across Southeast Asia. |
| View more at: https://www.forbes.com/sites/jonathanburgos/2021/11/29/philippines-gokongwei-group-buys-malaysias-munchy-for-454-million-boosting-southeast-asian-footprint/ |
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