Pilipino Telephone to acquire additional 20% stake in Manila Electric - MarketLine Financial Deals

Pilipino Telephone to acquire additional 20% stake in Manila Electric

Pilipino Telephone to acquire additional 20% stake in Manila Electric - MarketLine Financial Deals
Pilipino Telephone to acquire additional 20% stake in Manila Electric
Published Mar 13, 2009
3 pages — Published Mar 13, 2009
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About This Report

  
Abstract:

Pilipino Telephone Corporation (Piltel), a provider of cellular mobile telephone services, has agreed to acquire 223 million shares, representing a 20% stake, in Manila Electric Company (Meralco), a power distribution and transmission company, from Lopez Group Foundation, Inc.

  
Source:
Document ID
MA02371_090316
Country
Ticker
TEL=PH
Ticker
Company
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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Cite this Report

  
MLA:
MarketLine Financial Deals. "Pilipino Telephone to acquire additional 20% stake in Manila Electric" Mar 13, 2009. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Pilipino-Telephone-to-acquire-additional-20-stake-in-Manila-Electric-2052-2274>
  
APA:
MarketLine Financial Deals. (2009). Pilipino Telephone to acquire additional 20% stake in Manila Electric Mar 13, 2009. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Pilipino-Telephone-to-acquire-additional-20-stake-in-Manila-Electric-2052-2274>
  
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