BRIEF-First Philippine Agreed To Sell Its 25% Stake In Mhe-Demag To Its Co-Shareholder Mhe-Demag

Nov 26 (Reuters) - First Philippine Holdings Corp:

* AGREED TO SELL ITS 25% STAKE IN MHE-DEMAG TO ITS CO-SHAREHOLDER MHE-DEMAG

* DEAL FOR 85 MILLION PESOS

* CO DOES NOT FORESEE A MATERIAL EFFECT ON ITS BUSINESS WITH THE DISPOSITION Source text for Eikon: Further company coverage: