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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 199272 [Title] => Alvarez consolidates ownership of Philphos [Summary] => The group of Jose Ch. Alvarez is consolidating its ownership of the Philippine Phosphate Fertilizer Corp. (Philphos).
The Alvarez-led Delphi Holdings Inc. acquired 40 percent of Philphos by buying out the Philippine government in 2000. Delphi paid the Philippine government P3.025 billion for its stake.
Philphos was established 30 years ago as a joint venture between the Philippine government and the Republic of Nauru.
[DatePublished] => 2003-03-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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March 17, 2003 - 12:00am
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