(MPIC) with the latest transaction valued at P2.189 billion.Last week, SMGP initially sold 21.4 million shares out of its 46,596,596 common shares in Meralco to MPIC for P12.40 billion.San Miguel said ...
SANMiguel Corp. (SMC) is selling a stake in Manila Electric Co. (Meralco) shares to Metro Pacific Investments Corp. at a significant premium compared to when it acquired an interest in the power firm last year ... ....