Manny V. Pangilinan (MVP) is on a buying spree. Through his holding firm Metro Pacific Investments Corp. (MPI), MVP acquired the following: telecommunication company PLDT in 1988; water concessionaire Maynilad in 2006; the Manila North Tollways in 2008; the Philippines’ …
Manny Pangilinan to buy Philippine Airlines (PAL)? Read More »
Another bidding war is supposedly in the making between the two groups allegedly responsible for the 275% increase in the price of Meralco (MER) during the last 7 months. The latest battlefront: Philex Mining Corporation (Stock Code: PX).
As stock traders and investors go gaga over the staggering price increase of the stock of Meralco (Stock Code: MER), several officials of the power distribution company are locking in profits by selling their shares, disclosure reports to the Philippine …
Meralco officials sell MER stocks, cash in P14.8 million Read More »
If you’re currently following the Philippine stock market, you’re most probably aware of the continuous surge in the price of Meralco (Stock Code: MER). The stock of the power utility company was one of the Philippine Stock Exchange (PSE)’s biggest …
Meralco (MER) stock surges 275% due to Ang-MVP bidding war Read More »