Alaska Milk seeks delisting from Philippine Stock Exchange
date:Sep 05, 2012
2012, Royal FrieslandCampina completed the acquisition of a controlling stake in Alaska Milk, from the Uytengsu Family, for 227m. The company increased its stake from 8.1% to 68.9%, as part of its strategy to strengthen its presence in Asia.
Alaska Milk, which produces canned milk, powdered milk, and ready-to-drink milk, has annual revenues of 200m with a production facility in San Pedro, Laguna.
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