San Miguel Corp. investing in an expressway project

The San Miguel Corp., the country’s biggest food and beverage conglomerate is looking to diversify as it looks into taking part in a road construction project. SMC has signed a non-binding deal with PIDC (Private Infrastructure Development Corp.) to acquire a significant stake in the P15.36-billion Tarlac-Pangasinan-La Union Toll Expressway project. San Miguel president Ramon [...]