Trident water completes acquisition of 47.28 % stake in Manila Water Co.
Date
March 12, 2021
Type
M&A Transactions
Subtype
Transaction completed
Countries
Philippines
Subsectors
Water
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A subsidiary of Ayala Group Co. has announced that it has sold its 39.09% voting stake and 8.19% economic stake in Manila Water Co. to Trident Water through a share purchase agreement.
Manila Water Company, Inc. holds the exclusive right to provide water and used water services to the eastern side of Metro Manila.
