Pangilinan-led Metro Pacific Investments Corp. is targeting to acquire up to 43-percent shareholdings in publicly listed SP New Energy Corp. .
The shares will be acquired through Solar Philippines Power Project Holdings Inc. , the parent firm of SPNEC – and both firms were founded by Leviste. In turn, “SPH will advance the proceeds to SPNEC to fund its land investments in Nueva Ecija.” The Pangilinan-led firm noted “this is the first of several agreements through which the MPIC group may acquire up to a total of about 19 billion common shares of SPNEC, subject to approvals.”
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: