MPIC bags $256m from Meralco selldown

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

MPIC bags $256m from Meralco selldown

Fotolia Philippines 230x150
Beautiful view of Palau tropical islands and Pacific ocean from above | BlueOrange Studio - Fotolia

Metro Pacific Investments Corp raised Ps12.7bn ($256m) from a selldown in Manila Electric Co (Meralco) on Tuesday that effectively boosted, rather than cut, its stake in the latter.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article