Metro Pacific, San Miguel Weighing $10 Billion Toll Merger, Sources Say [Yahoo! Finance]
FIRST PAC CO LTD S/ADR (FPAFY)
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Source: Yahoo! Finance
businesses, which people familiar with the matter said would form a group worth as much as $10 billion, making it the country's biggest-ever merger. Most Read from Bloomberg BYD's New $233,450 EV Supercar to Rival Ferrari, Lamborghini Stock Rally Stalls at Start of Data-Packed Week: Markets Wrap A Spike in Heart Disease Deaths Since Covid Is Puzzling Scientists Freddie Mercury's London Residence Lists at £30 Million Jacob Rothschild, Financier and Philanthropist, Dies at 87 If a deal is reached, it could also lead to the merged entity being listed on the stock exchange in Manila, the people said, asking not to be identified as the talks are private. The companies are also exploring other possible business combinations, including of their power and energy divisions, the people said. Considerations are preliminary and Metro Pacific and San Miguel may decide against pursuing a merger of their assets, the people said. San Miguel issued a statement Tuesday saying it is in
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