MANILA -- Ramon Ang, CEO of Philippine conglomerate San Miguel, has personally invested in infrastructure rival Metro Pacific Investments Corp. (MPIC), a move seen by some as a possible step toward a partnership between two of the country's biggest players.
Companies
Philippines' San Miguel CEO invests in rival Metro Pacific
'Personal' investment sparks speculation over possible infrastructure alliance
The investment by San Miguel's CEO was done on his own and did not involve the company, it said. (Photo by Yuichi Shiga)
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