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Tan stays as chairman; SMC gets management control
Taipan Lucio Tan has ceded minority stake as well as management control of flag carrier Philippine Airlines (PAL) to conglomerate San Miguel Corp. (SMC).
LIVE: Sinakulo Play (Part 2) at Moriones Festival
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Diversifying conglomerate San Miguel Corp. (SMC) confirmed yesterday it was in talks with Philippine Airlines (PAL) owner Lucio Tan on a possible buy-in in Asia’s oldest airline.
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BOHOL AND CARAGA

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Tan stays as chairman; SMC gets management control
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LIVE: Sinakulo Play (Part 2) at Moriones Festival
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abtest

SMC buys stake in PAL

April 5, 2012 - 12:00am

Tan stays as chairman; SMC gets management control Taipan Lucio Tan has ceded minority stake as well as management control of flag carrier Philippine Airlines (PAL) to conglomerate San Miguel Corp. (SMC). LIVE:...

Headlines

SMC confirms buy-in talks with PAL

By Zinnia B. Dela Peña | December 29, 2011 - 12:00am

Diversifying conglomerate San Miguel Corp. (SMC) confirmed yesterday it was in talks with Philippine Airlines (PAL) owner Lucio Tan on a possible buy-in in Asia’s oldest airline.

Business