MANILA, Philippines — Upstart sovereign wealth fund Maharlika Investment Corp. (MIC) plans to acquire around 11.2 percent of Asian Terminals Inc. as part of its mandate to “invest in strategic sectors of the Philippine economy.” Tanco Group-led ATI disclosed to the Philippine Stock Exchange on Tuesday that MIC had expressed intention to conduct a tender offer for a portion of ATI’s public float at P36 per share. MIC intends to buy up to 101.19 million common shares of ATI, which will voluntarily delist from the local stock exchange. READ: Maharlika eyes P1-B profit in 2025 on P35-B investment push For its […]... Keep on reading: Maharlika to invest in ATI; Tanco-led port operator to delist