Lopez row deepens as ‘poison pill’ tied to P62-B hydropower deal surfaces

MANILA, Philippines — The group that holds majority control of Lopez Inc. has uncovered a “poison pill” in First Gen Corp.’s P62-billion hydropower deal with Prime Infrastructure protected Federico “Piki” Lopez from removal. In a statement, the group argued that the deal was “self-dealing,” saying it had benefited Piki and his allies at the expense of