Alliance CEO nets $181m via stake sale
![philippine_flag_230px](https://assets.euromoneydigital.com/dims4/default/644ce40/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fcc%2Fd6%2Fd6f1edde30b6f384d4a7e120280c%2Fphilippine-flag-230px.jpg)
The chairman and chief executive of the Philippines' Alliance Global Group, Andrew Tan, raised Ps7.87bn ($181.4m) on July 10 by selling a 2.7% stake in the company.
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