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DMCI sells shares in TPLEX operator to San Miguel

2014-12-22 06:16:52| Beverages - Topix.net

Consunji-led DMCI Holdings Inc. on Monday said it sold its stake in the tollway concessionaire for the Tarlac-Pangasinan-La Union Expressway to San Miguel Corp. for P1.83 billion. In a disclosure to the stock exchange, DMCI Holdings said the company and its subsidiary DM Consunji sold its 25.11 pct stake in Private Infra Dev Corp. to SMC's subsidiary Rapid Thoroughfares Inc. for a total of P1.83 billion.

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