ABOITIZ Power Corp. (AboitizPower), the power unit of conglomerate Aboitiz Equity Ventures Inc. (AEV), is buying a Batangas-based distribution utility firm from its sister company for approximately P1 billion.
In a filing with the Philippine Stock Exchange on Thursday, AboitizPower disclosed that it will be buying out Lima Utilities Corp. from Lima Land Inc., a wholly owned subsidiary of Aboitiz Land Inc. AboitizLand is the property arm of AEV.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.