Once the deal is closed, this will reduce MPIC’s ownership in MPTC to around 73 percent, as it also recently finalized an agreement with Mit-Pacific for the latter to acquire a 6.6-percent stake ...
Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) is unloading stakes in its toll roads unit, Metro Pacific Tollways Corp. (MPTC), to raise funds and cut down obligations. MPIC ...
METRO PACIFIC Tollways Corp. (MPTC) has deferred merger discussions with San Miguel Corp. (SMC) to focus on raising funds to pay down debt, its chairman said. “We deferred the discussion with them ...
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