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PSE-Disclosure-Form-4-2-Acquisition-of-1.1-out-of-4.4-BPI-equity-interest.pdf

🔗 Source: robinsonsretailholdings.com.ph

📊 Size: 298 KB

📄 Pages: 5 pages

⬇️ Downloads: 27

Summary

Robinsons Retail Holdings, Inc. acquired 49,566,314 shares of Bank of the Philippine Islands (BPI), representing 1.1% of BPI's outstanding shares, through the purchase of 10,384,903 Preferred Shares of Liontide Holdings, Inc. at PHP99.50 per share, for a total consideration of PHP4,683,056,207.06. The acquisition is part of a larger transaction where Robinsons Retail will acquire a 4.4% stake in BPI. The company expects to benefit from the acquisition by tapping into BPI's consumer customer base and offering financial products to its suppliers and service providers.

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Description

Robinsons Retail Holdings, Inc.

Technical Information

File Format: PDF
File Size: 298 KB
Pages: 5
Language: EN
Total Downloads: 27
Last Updated: 1 week ago

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