Could one of the most riveting boardroom dramas seen in corporate Philippines finally be nearing its finale?
Investors seemed to think so.
Lopez Holdings Corp. surged nearly 39 percent last week, with First Philippine Holdings Corp. (FPH) and ABS-CBN also joining the rally after reports that a strategic investor is in advanced talks to buy a controlling 70.8-percent stake in privately held Lopez Inc.
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For COL Financial chief equity strategist April Lynn Tan, the excitement goes beyond the reported P45-billion price tag.FEATURED STORIES
