{"id":330381,"date":"2024-11-14T00:46:31","date_gmt":"2024-11-13T16:46:31","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=330381"},"modified":"2024-11-14T00:46:32","modified_gmt":"2024-11-13T16:46:32","slug":"trade-the-news-keepr-buys-ph-distributor-of-hoegaarden-stella-artois-beers","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-keepr-buys-ph-distributor-of-hoegaarden-stella-artois-beers\/","title":{"rendered":"Trade the News: KEEPR buys PH distributor of Hoegaarden, Stella Artois beers"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>The Keepers Holdings Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>KEEPR<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 2.94<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

The Keepers Holdings Inc. (KEEPR) of tycoon Lucio Co is gobbling up a local beer importer, further boosting the company\u2019s extensive portfolio.<\/p>\n\n\n\n

The Keepers said it plans to acquire up to 100 percent of the outstanding shares of Booze On-Line Inc.<\/p>\n\n\n\n

\u201cThe intended transaction offers The Keepers Holdings Inc. the opportunity to add to its portfolio premium beer brands,\u201d the company said.<\/p>\n\n\n\n

According to The Keepers, the intended price of the transaction is below 10 percent of its total book value as of Sept. 30.<\/p>\n\n\n\n

The largest imported liquor distributor in the Philippines said the proposed acquisition would be submitted to the approval of the Philippine Competition Commission, if applicable.<\/p>\n\n\n\n

The Keepers will acquire two million shares of Booze Online from Adarro Holdings Corp. and Rajesh Sadhwani. The Keeper\u2019s present corporate secretary, Baby Gerlie Sacro, is one of the directors of Adarro Holdings.<\/p>\n\n\n\n

Booze Online is a domestic corporation incorporated and registered with the Securities and Exchange Commission in 2001.<\/p>\n\n\n\n

Based on its website, Booze Online is a pioneer in imported draft beer and considered to be the largest imported beer distributor in the Philippines.<\/p>\n\n\n\n

It also offers an extensive listing of over 100 different brands including our exclusively distributed brand such as Hoegaarden, Stella Artois, Becks, Leffe, Paulaner, Chimay and Delirium Tremenes.<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-330381","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=330381"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330381\/revisions"}],"predecessor-version":[{"id":330383,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330381\/revisions\/330383"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=330381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=330381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=330381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}