SMC’s Ramon Ang to buy stake at Lucio Tan’s Philippine Airlines
Asia’s oldest airlines and the Philippines flag carrier Philippine Airlines will be on a potential buy-in deal with one of the Philippines’ largest conglomerates, the San Miguel Corporation. SMC President Ramon Ang’s group is interested in buying a controlling stake of the company with market capitalisation of 32.63 billion pesos ($744.4 million). According to the … Read more
