Infrastructure
Tollways Merger Still Targeted for 2026 Despite Tight Timeline
The planned merger of the Philippines' two largest toll road operators, Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC), is still targeted for completion within 2026, despite the tight timeline for this year. Both groups are reportedly finalizing the terms of the deal.
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- Philippines Toll Road Giants to Seal Merger Deal by End of 2026
The planned merger of major Philippine toll road operators Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) Tollways is on track to be finalized by the end of 2026. Both companies are in the final stages of asset valuation and will proceed with integration after government approvals.