MANILA, Philippines--Metro Pacific-led Maynilad Water Services Inc. is studying the prospective acquisition of Calapan Ventures Inc. (CVI), owner of the waterworks system of Calapan City in Oriental Mindoro. "We're looking at Calapan," Maynilad president Victorico Vargas replied, when asked during a press briefing on Wednesday. However, he said discussions were still in the "preliminary stage." Asked whether the group was looking at other prospective acquisitions apart from CVI, the group is always on the look-out for opportunities, said Metro Pacific Investments Corp. chief finance officer David Nicol. It was recently reported that CVI had opened itself up to the entry ...
Keep on reading: Maynilad in talks to acquire Calapan Ventures
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