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PHILIPPINES PRESS-Philippine Airlines buyout seen in Q3 - Star
July 31, 2014 / 12:50 AM / 3 years ago

PHILIPPINES PRESS-Philippine Airlines buyout seen in Q3 - Star

Philippine conglomerate San Miguel Corp is hopeful that its bid to buy out its Philippine Airlines partner, the Lucio Tan Group, would be completed within the third quarter so as not to derail improvements in the carrier’s financial performance, the Philippine Star newspaper quoted the president of San Miguel and PAL as saying.

(bit.ly/1AABhEP)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Gopakumar Warrier)

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