2 foreign firms eyeing PLDT stake in Meralco

Apr 26, 2017 12:13 am

THE head of the Philippine Long Distance Telephone Co. (PLDT) said Tuesday two foreign companies were interested in buying its remaining stake in power distribution utility Manila Electric Co. (Meralco).

“There are two serious foreign companies,” PLDT Chairman and Chief Executive Officer Manuel V. Pangilinan told reporters.

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