Emperador Inc., the liquor unit of business tycoon Andrew Tan, has completed its acquisition of Whyte & Mackay Group Ltd. and its subsidiaries for 430 million euros or P31 billion.

In a statement, Emperador said the takeover took effect on Friday. The acquisition was in line with the firm’s long-term strategy to improve operations and expand its global presence.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details