MANILA, Nov 6 - Shares of Manila Electric Co (Meralco) <MER.PS> fell to a one-week low on Friday after First Philippine Holdings <FPH.PS> forged a $471 million deal to sell a 6.7 percent stake in...
MANILA, Nov 6 - First Philippine Holdings <FPH.PS> and Manila Electric Co <MER.PS> each fell over 7 percent in early trade on Friday after the conglomerate forged a $471 million deal to sell half of...
* Lopez clan sells half of its Meralco stake for $471 mln * Deal raises PLDT group's Manila Electric stake to 41.4 pct * Deal is via loan, call option exercisable until March 2010 MANILA,...
MANILA, Nov 5 - First Philippine Holdings <FPH.PS> said on Thursday it will sell a 6.7 percent stake in Manila Electric Co <MER.PS> to Metro Pacific <MPI.PS>, boosting the control of the PLDT group <TEL.PS>...
MANILA, Nov 5 - Power conglomerate First Philippine Holdings <FPH.PS> extended a board meeting on Thursday to decide on rival offers for its 13.4 percent holding in Manila Electric Co (Meralco) <MER.PS>. "The meeting will...
MANILA, Nov 3 - Shares of Manila Electric Co (Meralco) <MER.PS> jumped 17 percent on Tuesday, its first reaction to news that the son of the Philippines' mall tycoon Henry Sy had offered to buy...
* PLDT hints close to purchase of Manila Electric stake * Deal would spell end to long tussle with San Miguel (Adds details) MANILA, Oct 23 - Philippine Long Distance Telephone is in talks with...
MANILA, Oct 23 - Philippine Long Distance Telephone <TEL.PS> is in talks with the Lopez group for the purchase of its stake in Manila Electric Co <MER.PS>, Chairman Manuel Pangilinan said on Friday. He told...
* Meralco allowed to raise basic charges as much as 27 pct * shares hit highest level in almost seven weeks MANILA, April 24 - Manila Electric Co (Meralco) <MER.PS> shares climbed more than 10...
* PLDT unit to buy new 20 pct stake in Manila Electric * Lopezes to retain 13 percent stake in utility * San Miguel may have up to 37 percent stake (Adds comments, background) MANILA,...