Wednesday, December 2, 1998

IFC Still Keen on PAL

Malaya
Wednesday, December 2, 1998 (6)
Digest

Finance Secretary Edgardo Espiritu yesterday said that the International Finance Corp. is still interested in buying into the Philippine Airlines as long as a new partner is found. Espiritu said that IFC is willing to put up 20 to 30 percent of the 40 percent stake that will be sold to the foreign partner.

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