You are here

San Miguel to sell Philippine Airlines stake

Its purchase will give billionaire Lucio Tan full control of the carrier

[MANILA] San Miguel Corp will sell back its holdings in Philippine Airlines Inc to billionaire Lucio Tan, two years after the nation's largest company took management control and led the carrier's return to Europe.San Miguel and Mr Tan's group signed an agreement on Monday, San Miguel president

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom