US EditionMitsui eyes MPIC stake in toll unit - BusinessWorld Online
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Mitsui eyes MPIC stake in toll unit - BusinessWorld Online
By Ashley Erika O. Jose, Reporter MITSUI & CO. LTD. has expressed interest to buy Metro Pacific Investment Corp.’s (MPIC) 20% stake in Metro Pacific Tollways Corp. (MPTC) before the latter resumes merger negotiations with San Miguel Corp., MPIC Chairman and Chief Executive Officer Manuel V. Pangilinan said. “We have to raise money first, once we finish that, then we will resume [merger talks with San Miguel Corp.],” he told reporters on the side…
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