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Cornerstone investors to take bulk of Maynilad Water’s up to P25.3 billion IPO, sources say

MANILA/SINGAPORE — Cornerstone investors will buy more than half of Maynilad Water Services Inc.’s planned initial public offering of up to P25.3 billion ($438 million), two sources said, in what is expected to be the Philippines’ biggest listing this year. Maynilad, the largest private water concessionaire in the Philippines, serves the west zone of Metro Manila and parts of […] The post Cornerstone investors to take bulk of Maynilad Water’s up to P25.3 billion IPO, sources say appeared first on Interaksyon.


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