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                    [ArticleID] => 96496
                    [Title] => Smart to sell 9.8% stake in ETPI
                    [Summary] => Smart Communications, Inc. announced yesterday that it has entered into a conditional sale agreement with CPR Philippines, Inc. to sell the former’s 9.8-percent holdings in Eastern Telecommunications Philippines, Inc. (ETPI) for P216.58 million.


Smart’s holdings consist of 2.548 million Class A shares and constitute all of its shareholdings in ETPI. The purchase price is P85 per share, which approximates Smart’s carrying cost of the investment.


                    [DatePublished] => 2001-03-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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MODESTO CERVANTES

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                    [ArticleID] => 96496
                    [Title] => Smart to sell 9.8% stake in ETPI
                    [Summary] => Smart Communications, Inc. announced yesterday that it has entered into a conditional sale agreement with CPR Philippines, Inc. to sell the former’s 9.8-percent holdings in Eastern Telecommunications Philippines, Inc. (ETPI) for P216.58 million.


Smart’s holdings consist of 2.548 million Class A shares and constitute all of its shareholdings in ETPI. The purchase price is P85 per share, which approximates Smart’s carrying cost of the investment.


                    [DatePublished] => 2001-03-22 00:00:00
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abtest

Smart to sell 9.8% stake in ETPI

March 22, 2001 - 12:00am

Smart Communications, Inc. announced yesterday that it has entered into a conditional sale agreement with CPR Philippines, Inc. to sell the former’s 9.8-percent holdings in Eastern Telecommunications Philippines,...

Business