San Miguel Close To Deal To Buy PAL

Discussion in 'Other Airlines | Asia/Australia' started by Rejuvenated, Feb 27, 2012.  |  Print Topic

  1. Rejuvenated
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    Conglomerate San Miguel has finished its due diligence on Philippine Airlines (PAL) and a deal to add the flag carrier to its business portfolio via a USD$500 million acquisition is almost certain, sources said on Monday.
    http://news.airwise.com/story/view/1330339443.html
     

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