🌏 Asia 12h ago · Isagani de Castro Jr.

Lopez cousins’ feud: ‘Poison pill’ protecting Piki also in select BDO loans

Rappler Philippines
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Lopez cousins’ feud: ‘Poison pill’ protecting Piki also in select BDO loans
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MANILA, Philippines – It’s not just billionaire Ricky Razon’s Prime Infrastructure Capital (Prime Infra) which has a “poison pill” or “key man clause” in its deals with the Lopez family’s First Gen Corporation, the Sy family’s BDO Unibank Inc. also has similiar conditions in some of its loans to the Lopez group.



In a disclosure on Friday, April 17, First Gen, still led for now by its CEO Federico “Piki” Lopez, said the country’s biggest commercial bank had

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