San Miguel (PSE:SMC) Strong Profit Boosted by Asset Sale to Kirin (TYO:2503)

  Manila, Philippines, Sep 2, 2009 - (ABN Newswire) - Philippines' food and beverage giant San Miguel Corp. (PSE:SMC) said its second-quarter net profit rose sixfold from a year earlier, largely due to the asset sale to Japanese brewer Kirin Holdings (TYO:2503).Kirin Holding acquired a more than 43 per cent stake in San Miguel Brewery Inc. (PSE:  

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