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Sparks Fly In Negotiations For Manila Electric

forbes.com
Nov 4, 2009
 
Story Timeline:  21 days

Philippine tycoons jostle for control of the country's biggest power distributor. HONG KONG -- Whoever wins the fierce competition for control of Manila Electric (Meralco) which involves some of the richest families in the... [read full story]                    

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Latest article on this story:

Manila Electric, First Holdings fall after stake deal

 finanznachrichten.de Nov 6, 2009
First article on this story:

Manila Electric surges after mall tycoon's son buy-in bid

 finanznachrichten.de Nov 3, 2009
Selected publications with coverage of this story:
forbes.com reuters.com manilamaildc.net finanznachrichten.de
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Manila Electric, First Holdings fall after stake deal

finanznachrichten.de
Nov 6, 2009
 

MANILA, Nov 6 (Reuters) - First Philippine Holdings and Manila Electric Co each fell over 7 percent in early trade on Friday after the conglomerate forged a $471 million deal to sell half of its stake in the power retailer....

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First Holdings says no decision yet on Manila Electric

finanznachrichten.de
Nov 5, 2009
 

MANILA, Nov 5 (Reuters) - Power conglomerate First Philippine Holdings extended a board meeting on Thursday to decide on rival offers for its 13.4 percent holding in Manila Electric Co (Meralco). 'The meeting will resume...

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RPT-Manila's First Holdings jumps to 21-mth high

finanznachrichten.de
Nov 5, 2009
 

MANILA, Nov 5 (Reuters) - Shares of First Philippine Holdings climbed as much 6.4 percent on Thursday to hit a 21-month high as the Lopez business clan came close to a decision on a sale of its Manila Electric stake. The...

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Manila's First Holdings jumps to 21-mth high

finanznachrichten.de
Nov 5, 2009
 

MANILA, Nov 4 (Reuters) - Shares of First Philippine Holdings climbed as much 6.4 percent on Thursday to hit a 21-month high as the Lopez business clan came close to a decision on a sale of its Manila Electric stake. The...

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Meralco starts paying refund

manilamaildc.net
Nov 4, 2009
 

MANILA Electric Co (Meralco), the Lopez-owned power utility, yesterday started refunding meter deposits as ordered by the Energy Regulatory Commission last June. Meralco said it will start from the lowest consumption bracket,...

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Manila's First Holdings surges on Meralco stake offer

finanznachrichten.de
Nov 4, 2009
 

MANILA, Nov 4 (Reuters) - Shares of First Philippine Holdings rose as much 10 percent on Wednesday after it confirmed receiving a $940 million offer for its remaining 13.4 percent stake in Manila Electric Co (Meralco). First...

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Manila Electric surges after mall tycoon's son buy-in bid

finanznachrichten.de
Nov 3, 2009
 

MANILA, Nov 3 (Reuters) - Shares of Manila Electric Co (Meralco) jumped 17 percent on Tuesday, its first reaction to news that the son of the Philippines' mall tycoon Henry Sy had offered to buy a major stake in the firm for...

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