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- Metro Pacific, with investments in power, toll roads and hospitals, agreed to pay 2 billion pesos ($36.7 million) to buy 1.6 billion shares in SP New Energy Corp. from its parent Solar Philippines Power Project Holdings Inc., the conglomerate said in a stock exchange filing.
news.bloomberglaw.com/mergers-and-acquisitions/metro-pacific-invests-in-possibly-asias-biggest-solar-projectMetro Pacific Invests in Philippines’ Biggest Solar Project (1)
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May 9, 2023 · Metro Pacific Investments —the Philippine unit of billionaire Anthoni Salim ’s First Pacific—said Monday it will invest as much as 23.8 billion pesos ($427 million) to become the biggest...
- Jonathan Burgos
Mar 28, 2023 · MPIC Chairman, President, & CEO Manuel V. Pangilinan (left) signs the definitive agreement to invest P2.0B to acquire 1.6 billion common shares of SP New Energy Corporation under its parents Solar Philippines Power Project Holdings Inc., with President and CEO Leandro Leviste (right).
Mar 28, 2023 · In a stock exchange filing on Tuesday, Metro Pacific said it signed definitive agreements to acquire 1.6 billion common shares or a 16 -percent stake in SP New Energy, which is aggressively ...
May 9, 2023 · METRO Pacific Investments Corp. (MPIC) said on Monday that it had completed the acquisition of 1.6-billion common shares or an equivalent of 16% of the outstanding shares in SP New Energy Corp. (SPNEC).
Mar 28, 2023 · Effectively, MPIC is paying P2 billion to acquire 1.6 billion common shares in SPNEC. SPNEC burst into the scene as one of the largest solar energy firms in recent years, helmed by Leandro...
Mar 28, 2023 · Metro Pacific Investments Corporation (“MPIC”), the country’s leading infrastructure investments company, has entered into a definitive agreement to invest 2.0 billion Pesos to acquire 1.6 billion common shares of SP New Energy Corporation (“SPNEC” or the “Company”) from SPNEC’s parent Solar Philippines Power Project Holdings, Inc. (“SPH”), with...
Mar 29, 2023 · METRO Pacific Investments Corp. (MPIC) has agreed to invest P2 billion to acquire 1.6 billion common shares or a 16-percent stake in SP New Energy Corp. (SPNEC) from Solar Philippines Power Project Holdings Inc. (SPH).
