Inquirer
Maynilad looms as potential white knight for Primewater
Maynilad Water Services Inc. is considering a potential acquisition of PrimeWater, a company owned by the Villar Group.
Maynilad President and CEO Ramoncito Fernandez confirmed they were "looking at" PrimeWater.
Cynthia Villar previously mentioned that her husband, Manuel Villar Jr., wishes to sell PrimeWater.
PrimeWater provides water utility services for over 1.7 million households across various provinces in Luzon, including parts of Bulacan, Batangas, Laguna, Camarines Norte, Cabanatuan City, and Sorsogon City.
Maynilad is the West Zone concessionaire for Metro Manila's water services.
An investment in PrimeWater would be considered "strategic" due to its extensive network outside Metro Manila.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
