Is this another case of “What Manny Pangilinan wants, Ramon Ang will also try to get”? This question emerges as reports regarding purported interest by Ramon Ang, president of conglomerate San Miguel Corporation (SMC), to acquire a 30% equity stake in GMA Network Inc. (GMA7)
It’s confirmed: Ramon Ang of San Miguel Corporation (SMC) is interested in acquiring a substantial interest in the country’s carrier Philippine Airlines. Ang himself confirmed this in a report by ABS-CBN News. San Miguel Corp. is said to be in the middle of due diligence
Most of us know Jaime Augusto Zobel de Ayala, Danding Cojuangco, Tony Tan Caktiong, Manny Pangilinan, Andrew Tan and various others who head the largest corporations in the Philippines. We know how daunting their task is of managing their companies on a daily basis striving
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’ largest mining company Philex in
If PLDT will not get regulatory approval of the PLDT-Digitel merger by today, August 26, then the deal is over.
Did the Roman Catholic Archbishop of Manila unload more than 1 million shares of Philex Mining Corporation (PX) in April and May 2011 and sold them directly to Chairman and CEO Manny V. Pangilinan (MVP)? Documents from the Philippine Stock Exchange (PSE) seem to show
The recent Supreme Court ruling ordering the Securities and Exchange Commission (SEC) to look into the extent of foreign ownership in PLDT raises a very important question: Did the telecommunications giant violate the Philippine Constitution with regard to the maximum 40% foreign equity rule? In
For most of us, it’s a given that the Catholic Church is rich. Obvious proof of that are their sprawling acres of land, large Church-owned structures and buildings, and millions of pesos of cash collected from mass goers every week. What a lot of people