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                    [ArticleID] => 225129
                    [Title] => Ayala, Globe sign buyback deal
                    [Summary] => Ayala Corp. and its telecommunications unit Globe Telecom have signed an agreement that would allow them to buy back the offered shares of Germany’s DeTeAsia Holdings GmbH in Globe, hence increasing their shareholdings in the Philippines’ second largest telecoms company.


In separate disclosures filed with the Philippine Stock Exchange, AC and Globe said they have signed a definitive agreement covering the purchase from DeTeAsia of 10.04 million shares and 12 million Globe shares, respectively, at P680 per share.


                    [DatePublished] => 2003-10-23 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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GLOBE AND SINGAPORE TELECOM INTERNATIONAL PTE

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                    [ArticleID] => 225129
                    [Title] => Ayala, Globe sign buyback deal
                    [Summary] => Ayala Corp. and its telecommunications unit Globe Telecom have signed an agreement that would allow them to buy back the offered shares of Germany’s DeTeAsia Holdings GmbH in Globe, hence increasing their shareholdings in the Philippines’ second largest telecoms company.


In separate disclosures filed with the Philippine Stock Exchange, AC and Globe said they have signed a definitive agreement covering the purchase from DeTeAsia of 10.04 million shares and 12 million Globe shares, respectively, at P680 per share.


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abtest

Ayala, Globe sign buyback deal

By Zinnia B. Dela Peña | October 23, 2003 - 12:00am

Ayala Corp. and its telecommunications unit Globe Telecom have signed an agreement that would allow them to buy back the offered shares of Germany’s DeTeAsia Holdings GmbH in Globe, hence increasing their shareholdings...

Business