FPH firms up control over subsidiary First Gen with acquisition of Php4.7-B additional shares

January 22, 2015 by · Comments Off on FPH firms up control over subsidiary First Gen with acquisition of Php4.7-B additional shares 

By Leslie D. Venzon

MANILA, Jan. 21 (PNA) — Lopez-led First Philippine Holdings Corporation (FPH) is acquiring a majority stake in its holding company engaged in power generation and energy-related businesses for Php4.97 billion in an effort to boost its earnings.

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