PERSPECTA

News from every angle

← Back to headlines

Lopez Firms Face Decision on Barito's $5 Billion Offer for EDC

Lopez firms have postponed elections, raising questions about who within the group has the authority to approve a potential $5 billion offer from Barito for Energy Development Corporation (EDC).

21 Jul, 02:06 — 21 Jul, 02:06
PostShare

Sources

Showing 1 of 1 sources
RapplerMostly Factual44d ago

As Lopez firms postpone elections, who signs off if Barito’s $5-B offer for EDC gets serious?

A US$5-billion offer arrives, but who at the Lopez group can even say yes?

By Lala Rimando

Read full article →

Related Stories

Netherlands Transfers 86 Tonnes of Gold Reserves to London

22m ago

Global Markets Rally as Investors Await Federal Reserve Rate Signals

23m ago

Volkswagen Plans to Phase Out Seat Brand by 2029

26m ago

Uber and Wayve Launch London’s First Supervised Robotaxi Service

42m ago