MANILA, March 12 (Reuters) - Food-to-power conglomerate San Miguel Corp is willing to unload its entire 27 percent stake in Manila Electric Co (Meralco) at the 'right price,' its chairman said on Friday.
'Everything we have, at the right price, can be bought,' Eduardo Cojuangco Jr, chairman of San Miguel, told reporters.
'I think that's a fair statement, at the right price, we're willing to listen.'
(Reporting by Manolo Serapio Jr.; Editing by Lincoln Feast)
((manolo.serapio@thomsonreuters.com; +632 841 8936; Reuters Messaging: manolo.serapio.reuters.com@reuters.net)) Keywords: SANMIGUEL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Everything we have, at the right price, can be bought,' Eduardo Cojuangco Jr, chairman of San Miguel, told reporters.
'I think that's a fair statement, at the right price, we're willing to listen.'
(Reporting by Manolo Serapio Jr.; Editing by Lincoln Feast)
((manolo.serapio@thomsonreuters.com; +632 841 8936; Reuters Messaging: manolo.serapio.reuters.com@reuters.net)) Keywords: SANMIGUEL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.