Philippine Tycoon to Sell Troubled Water Utility Amid Scrutiny
The Philippines’ second-richest man is selling his water utility firm to a fellow tycoon, exiting a business weighed down by regulatory scrutiny and customer complaints.
By Neil Jerome Morales · Bloomberg Markets
The Philippines’ second-richest man is selling his water utility firm to a fellow tycoon, exiting a business weighed down by regulatory scrutiny and customer complaints.