Meralco, CIS sell 90% stake in Bayad Center for P2.7B

MANILA, Philippines — Manila Electric Co. (Meralco) is enabling its associate Kayana Solutions Inc. to fully take over payment service provider CIS Bayad Center through a P2.7-billion share sale. READ: DigiPlus taps Bayad Center as payment channel In a disclosure Tuesday, Meralco and its wholly owned subsidiary Corporate Information Solutions Inc. (CIS) are set to