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                    [ArticleID] => 231064
                    [Title] => French giant pulls out of Maynilad
                    [Summary] => The French multinational Suez Lyonnaise des Eaux is pulling out of the Lopez-controlled Maynilad Water Services Inc. (Maynilad), forcing the Arroyo administration into a $20-million debt-for-equity swap that would give the government a 30-percent share in the collapsed consortium. 


Sources revealed yesterday that the Metropolitan Waterworks and Sewerage System (MWSS) would enter into a debt-for-equity swap for a total of $20 million, immediately giving it 30 percent of Maynilad. 


                    [DatePublished] => 2003-12-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
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PHILIPPINE BUILD-OPERATE-TRANSFER LAW

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                    [ArticleID] => 231064
                    [Title] => French giant pulls out of Maynilad
                    [Summary] => The French multinational Suez Lyonnaise des Eaux is pulling out of the Lopez-controlled Maynilad Water Services Inc. (Maynilad), forcing the Arroyo administration into a $20-million debt-for-equity swap that would give the government a 30-percent share in the collapsed consortium. 


Sources revealed yesterday that the Metropolitan Waterworks and Sewerage System (MWSS) would enter into a debt-for-equity swap for a total of $20 million, immediately giving it 30 percent of Maynilad. 


                    [DatePublished] => 2003-12-10 00:00:00
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abtest

French giant pulls out of Maynilad

By Des Ferriols | December 10, 2003 - 12:00am

The French multinational Suez Lyonnaise des Eaux is pulling out of the Lopez-controlled Maynilad Water Services Inc. (Maynilad), forcing the Arroyo administration into a $20-million debt-for-equity swap that would...

Business