It has been reported that San Miguel Corp. has agreed to acquire the entire holdings of tycoon Lucio Tan (51%) in flag carrier Philippine Airlines (PAL). The deal is valued at $500 million. In April 2012, San Miguel paid $500 million for a 49% stake in PAL Holdings, which controls the airline. ...
Page content restricted for non-members!
Become a member!Related posts
MIC adjusts conversion ratio to convertible senior notes due 2023
By
Dino D'Amore
13th October 2021