P50-B 'premium' in Lopez-Razon hydropower deal questioned

Inquirer

P50-B 'premium' in Lopez-Razon hydropower deal questioned

MANILA, Philippines – The majority bloc of the Lopez family alleged that Federico “Piki” Lopez had agreed to pay Prime Infrastructure Capital Inc. a P50-billion transaction premium in a hydropower venture, calling it a “horrible deal”. In a statement on Tuesday, the Lopez majority said it recently discovered from board documents that the original transaction […]... Keep on reading: P50-B 'premium' in Lopez-Razon hydropower deal questioned

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