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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 378505 [Title] => Philtrust takeover of PBCom faces hurdle [Summary] => The planned takeover by Philippine Trust Co. (Philtrust) of another mid-sized commercial bank in Philippine Bank of Communication (PBCom) faces a major hurdle as the latter said controlling interest of the bank can only be sold as one block as per the P7.64-billion financial assistance package it signed with the Philippine Deposit Insurance Corp. (PDIC) in 2004.
[DatePublished] => 2007-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 377985 [Title] => Philtrust makes P5-B tender offer for PBCom shares [Summary] => Philippine Trust Co. (Philtrust) of Filipino-Chinese tycoon Emilio Yap has made a tender offer yesterday for the purchase of up to 100 percent of Philippine Bank of Communication (PBCom).
At P30 per share offer price, the sale of the entire PBCom outstanding common and preferred shares will cost Philtrust over P5 billion.
In a letter to the Philippine Stock Exchange (PSE), Philtrust said the tender offer period started yesterday and will end on Jan. 17.
[DatePublished] => 2007-01-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BECAUSE PHILTRUST
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 378505 [Title] => Philtrust takeover of PBCom faces hurdle [Summary] => The planned takeover by Philippine Trust Co. (Philtrust) of another mid-sized commercial bank in Philippine Bank of Communication (PBCom) faces a major hurdle as the latter said controlling interest of the bank can only be sold as one block as per the P7.64-billion financial assistance package it signed with the Philippine Deposit Insurance Corp. (PDIC) in 2004.
[DatePublished] => 2007-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 377985 [Title] => Philtrust makes P5-B tender offer for PBCom shares [Summary] => Philippine Trust Co. (Philtrust) of Filipino-Chinese tycoon Emilio Yap has made a tender offer yesterday for the purchase of up to 100 percent of Philippine Bank of Communication (PBCom).
At P30 per share offer price, the sale of the entire PBCom outstanding common and preferred shares will cost Philtrust over P5 billion.
In a letter to the Philippine Stock Exchange (PSE), Philtrust said the tender offer period started yesterday and will end on Jan. 17.
[DatePublished] => 2007-01-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ma. Elisa Osorio | January 6, 2007 - 12:00am
By Ma. Elisa Osorio | January 3, 2007 - 12:00am
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