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San Miguel-led group outbids rivals for NAIA

SMC-led consortium submits highest bid for Naia rehab

THE consortium led by San Miguel Corp. and partner Incheon International Airport Corp. submitted the highest bid amount for the P170.6-billion Naia privatization deal, making it the front-runner in the auction. During the bidding ceremonies on Thursday, the Department of Transportation (DOTr) revealed the bid amounts submitted by the complying groups,…

Philippines San Miguel-led group makes top offer in airport bid

MANILA : A consortium led by Philippine conglomerate San Miguel Corp offered to give the national government 82 per cent of airport revenues under its bid to operate and upgrade the country's main international airport, the transportation ministry said.SMC SAP & Co Consortium is one of the three bidders s

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