Philippines’ 3rd richest man Ramon Ang buys 25.68% Lopez Inc. stake amid family feud
Ang, chairman and CEO of Philippine conglomerate San Miguel, bought the stake from Crème Investment Corp., the holding company representing one of the family’s four branches, led by Eugenio Lopez III. Ang made the investment in his personal capacity through his wholly owned holding company. The parties did not disclose the value of the transaction. … Read more