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SM Investments to exit mining, consolidate Sy family’s Atlas stake under Dominion
SMIC said it will shift its Atlas stake to a Sy family-listed firm as Dominion buys a 20.43% interest and assumes ₱2.39 billion in obligations.
Summary by Manila Bulletin
2 Articles
2 Articles
As Atlas Mining leaves by 2027, SMIC expects 2GO, renewables to fill gap
The planned Atlas transfer is less a Sy family exit from mining than a reshuffling of where those assets sit, though the departure of this crucial earnings driver will leave a hole for SMIC to fill in its portfolio
·Pasig, Philippines (the)
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Coverage Details
Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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