San Miguel chief and Marcos ally Eduardo Cojuangco dies aged 85

Philippine tycoon was known for his involvement in politics and sports

20200615 San Miguel

Eduardo "Danding" Cojuangco, a tycoon once close to Philippine president and dictator Fernando Marcos, has died. © AFP/Jiji

CLIFF VENZON, Nikkei staff writer

MANILA -- Eduardo "Danding" Cojuangco, a Philippine tycoon deeply involved in the country's politics, has died at age 85.

Cojuangco had served as chairman and chief executive of food-to-infrastructure conglomerate San Miguel, the Philippines' largest company by sales, since 1998. The company issued a brief statement on Wednesday saying Cojuangco had died the previous evening.

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