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MANILA, Philippines – Tobacco and airline magnate Lucio Tan is in talks with foreign companies interested to acquire 51-percent stake in flagship carrier Philippine Airlines (PAL). MANILA, Philippines – Tobacco and airline magnate Lucio Tan is in talks with foreign companies interested to acquire 51-percent stake in flagship carrier Philippine Airlines (PAL). The majority stake in Asia’s oldest airline is still on the selling block, Tan said on the sidelines of the annual reception for the banking community hosted by the Bangko Sentral ng Pilipinas. “Foreign parties. Local wala,” Tan said when asked about the profile of companies interested in PAL. Tan, one of the richest men in the country based on the Forbes list, is also involved in tobacco, banking, property, and liquor enterprises.

Lucio tanBangko sentralRamons angSan miguel equity investments incPr holdings incHoldings incSan miguel corpTrustmark holdings corpPhilippine airlinesSan miguelSan miguel equity investmentsTrustmark holdingsலூசியோ பழுப்புராமன்கள் அங்சான் மிகுவல் பங்கு முதலீடுகள் இன்க்ஹோல்டிங்ஸ் இன்க்