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MPIC by Joshua Daarol is a document available to read on EtoBox.
MPIC engaged in several significant acquisitions and investments in 2012 that affected its financial ratios. In August, it launched an ADR program. In May, Maynilad Water acquired Philippine Hydro. In June, MPIC purchased preferred shares in Beacon Electric for $3.6 billion, raising its ownership to 50%. In January, MPIC and PCEV increased their stake in MERALCO through Beacon Electric. In December, MPIC entered a $6.8 billion agreement with Cavitex Holdings related to a southern toll road. The decreases in
- Author
- Joshua Daarol
- Language
- EN