MRC Allied, Menlo Capital still to complete PT&T deal

By Ed Paolo Salting

Apr 07, 2023 12:07 am

Holdings firm MRC Allied Inc. and Menlo Capital Corp. are still finalizing the terms of reference in connection with the former's purchase of Philippine Telegraph and Telephone Corp. (PT&T) shares

In an update last April 3, 2023, MRC said that the legal teams of both parties still had to complete a review of conditions despite a 30-day period stated in the agreement having passed.

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