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PAL for the course

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Whether or not the family of taipan Lucio Tan would make good on their tender to get back the whole of Philippine Airlines from San Miguel, the financial markets would probably consider it as an insignificant development for San Miguel.

Posted: August 21st, 2014 in Columnists,Featured Columns,Headlines,Inquirer Columns | Read More »

Biz Buzz: ‘Misguidance’

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Earlier touted by some as someone who can be the country’s newest taipan, this businessman is facing a big credibility test at the stock market.

Posted: August 18th, 2014 in Columnists,Editor's Pick,Inquirer Columns | Read More »

LTG nets P2.16 B in first half of 2014

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Lucio Tan.  INQUIRER FILE PHOTO

The LT Group Inc. of Lucio Tan saw a 68.9-percent decline in first semester net profit to P2.16 billion in the mostly due to the slowdown in earnings contribution from its banking and tobacco businesses.

Posted: August 15th, 2014 in Latest Business Stories | Read More »

Biz Buzz: No partners for PAL bid?

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Taipan Lucio Tan might be keen on buying back San Miguel Corp.’s stake in Philippine Airlines (PAL), consolidating his group’s control over the flag carrier, but it appears the pool of local wealthy investors is drier than we thought.

Posted: August 6th, 2014 in Columnists,Inquirer Columns | Read More »

Biz Buzz: Lowball offer for PAL

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Lucio Tan’s eagerly anticipated buyback offer to San Miguel for the latter’s stake in Philippine Airlines was presented to the conglomerate’s head honcho Ramon Ang last Friday, as scheduled.

Posted: August 4th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

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