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                    [ArticleID] => 290088
                    [Title] => Union Bank, foreign partner get clearance to bid for PNB
                    [Summary] => The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the application of Union Bank of the Philippines and its partner, foreign investment bank Avenue of US, to bid for the joint sale of Philippine National Bank (PNB) shares. 


MB member Vicente Valdepenas told reporters yesterday that the monetary authority, in approving the application of Union Bank/Avenue of US, believed that the group has the capacity to vie for the PNB stake. 


                    [DatePublished] => 2005-08-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 289436
                    [Title] => Four companies join list of bidders for PNB
                    [Summary] => Four investment fund managers have been added to the growing list of prospective bidders for a 67-percent stake in Philippine National Bank valued at over P6 billion, industry sources said.


The four which have been  pre-qualified for the bidding are: New Bridge, BA Marathon of Korea, Phil-Am Bank and Avenue Asia. This brings to 10 the number of interested bidders as listed by the Department of Finance (DOF).


                    [DatePublished] => 2005-08-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 97032
                    [Title] => SMC, European firm eye Purefoods
                    [Summary] => The Ayala group is selling its 93-percent controlling stake in Purefoods Corp. and is now in the final stages of talks with food and beverage giant San Miguel Corp. (SMC) and European equity fund management company, CVC, to raise funds for the expansion program of subsidiary Globe Telecom. 


While the Ayala and Purefoods management prefer CVC’s offer, the final determinant will be the price. "If SMC bids higher, then they will sell it to SMC," highly placed sources told The STAR yesterday. The offers range from P7 billion to P10 billion.


                    [DatePublished] => 2001-02-14 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Business
                    [SectionUrl] => business
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NEW BRIDGE

Array
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    [results] => Array
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                    [ArticleID] => 290088
                    [Title] => Union Bank, foreign partner get clearance to bid for PNB
                    [Summary] => The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the application of Union Bank of the Philippines and its partner, foreign investment bank Avenue of US, to bid for the joint sale of Philippine National Bank (PNB) shares. 


MB member Vicente Valdepenas told reporters yesterday that the monetary authority, in approving the application of Union Bank/Avenue of US, believed that the group has the capacity to vie for the PNB stake. 


                    [DatePublished] => 2005-08-06 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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            [1] => Array
                (
                    [ArticleID] => 289436
                    [Title] => Four companies join list of bidders for PNB
                    [Summary] => Four investment fund managers have been added to the growing list of prospective bidders for a 67-percent stake in Philippine National Bank valued at over P6 billion, industry sources said.


The four which have been  pre-qualified for the bidding are: New Bridge, BA Marathon of Korea, Phil-Am Bank and Avenue Asia. This brings to 10 the number of interested bidders as listed by the Department of Finance (DOF).


                    [DatePublished] => 2005-08-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

            [2] => Array
                (
                    [ArticleID] => 97032
                    [Title] => SMC, European firm eye Purefoods
                    [Summary] => The Ayala group is selling its 93-percent controlling stake in Purefoods Corp. and is now in the final stages of talks with food and beverage giant San Miguel Corp. (SMC) and European equity fund management company, CVC, to raise funds for the expansion program of subsidiary Globe Telecom. 


While the Ayala and Purefoods management prefer CVC’s offer, the final determinant will be the price. "If SMC bids higher, then they will sell it to SMC," highly placed sources told The STAR yesterday. The offers range from P7 billion to P10 billion.


                    [DatePublished] => 2001-02-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Union Bank, foreign partner get clearance to bid for PNB

By Donnabelle L. Gatdula | August 6, 2005 - 12:00am

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the application of Union Bank of the Philippines and its partner, foreign investment bank Avenue of US, to bid for...

Business

Four companies join list of bidders for PNB

By Donnabelle L. Gatdula | August 2, 2005 - 12:00am

Four investment fund managers have been added to the growing list of prospective bidders for a 67-percent stake in Philippine National Bank valued at over P6 billion, industry sources said. The four which have been...

Business

SMC, European firm eye Purefoods

February 14, 2001 - 12:00am

The Ayala group is selling its 93-percent controlling stake in Purefoods Corp. and is now in the final stages of talks with food and beverage giant San Miguel Corp. (SMC) and European equity fund management company,...

Business