Maynilad Water Tests Investor Appetite Ahead of What May Be Philippines’s Biggest IPO - WSJ
1. Maynilad Water Services plans an IPO to raise up to $880.1 million. 2. The IPO could be the largest in Philippine history to date. 3. Proceeds will fund a capital-expenditure program approved by the government. 4. Pre-marketing meetings with investors are currently underway. 5. Cornerstone investors will be pivotal for effective marketing of shares.