MPIC closes P12.4-B Meralco share acquisition

Inquirer.net - Oct 9, 2026

MANILA, Philippines — Pangilinan-led Metro Pacific Investments Corp. (MPIC) has strengthened its grip on Manila Electric Co. (Meralco) after completing a P12.4-billion acquisition of an additional stake from tycoon Ramon Ang. In a disclosure on Friday, Ang-led San Miguel Corp. said its energy arm, San Miguel Global Power Holdings Corp. (SMGP), had already completed the sale

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