Aboitiz in talks to bid for Mirant Philippines

Aboitiz Equity Ventures Inc. (AEV.PS: Quote, Profile, Research) is talking with four or five foreign companies about forming a partnership to bid for the Philippine power assets of Mirant Corp. (MIR.N: Quote, Profile, Research), its chief operating officer said.

Erramon Aboitiz told reporters late on Thursday night that the Philippine holding group had not decided which foreign firm to partner with for the power plants, valued by some analysts at up to $3 billion.

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