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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 98679 [Title] => Tan, govt near deal on PNB shares [Summary] => Beer and tobacco magnate Lucio Tan has reportedly agreed to sign a "put and call" agreement with the government that basically ties him down to buy the governments shares in the Philippine National Bank two years from now at P91 per share, if the government still has not been able to dispose of its shares by that time.
At the same time government also retains the "call" option to buy back the same shares two years from now at P60 per share plus a 13-percent carrying cost if the bank is successfully turned around and becomes viable.
[DatePublished] => 2000-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILIPPINE PHOSPHATE AND FERTILIZER CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 98679 [Title] => Tan, govt near deal on PNB shares [Summary] => Beer and tobacco magnate Lucio Tan has reportedly agreed to sign a "put and call" agreement with the government that basically ties him down to buy the governments shares in the Philippine National Bank two years from now at P91 per share, if the government still has not been able to dispose of its shares by that time.
At the same time government also retains the "call" option to buy back the same shares two years from now at P60 per share plus a 13-percent carrying cost if the bank is successfully turned around and becomes viable.
[DatePublished] => 2000-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Marianne V. Go | October 31, 2000 - 12:00am
Recommended
The National University Bulldogs weathered a late 3-point barrage and held on against the Ateneo Blue Eagles, 78-68, to get back on the win column of the UAAP Season 87 men’s basketball tournament Saturday evening at the Mall of Asia Arena.
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The University of Santo Tomas Growling Tigers withstood a furious charge by the Far Eastern University Tamaraws, 83-72, to snap a two-game losing streak in the UAAP Season 87 men’s basketball tournament Saturday at the Mall of Asia Arena.
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The National University Lady Bulldogs remained unblemished in the UAAP Season 87 women’s basketball tournament after clipping the Ateneo Blue Eagles’ wings, 66-58, Saturday at the Mall of Asia Arena.
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The University of Santo Tomas Growling Tigresses finished the first round of the UAAP Season 87 women’s basketball tournament on a high note after thwarting a rally by the Far Eastern University Lady Tamaraws to win 66-57 at the Mall of Asia Arena Saturday.
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Despite getting back-to-back wins with their backs against the wall, the Converge FiberXers are downplaying the momentum shift in their PBA Governors' Cup best-of-five quarterfinal series against the San Miguel Beermen.
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February 12, 2018
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