Leviste in talks to sell remaining SPNEC stake

MANILA, Philippines — Newbie lawmaker Leandro Leviste is in discussion with an overseas investor for a potential acquisition of his remaining shares in SP New Energy Corp. (SPNEC), according to billionaire Manuel Pangilinan. Pangilinan, chair of Manila Electric Co. (Meralco), said that his group did not offer to buy Leviste’s stake in the solar firm