RSS

UBP to complete City Savings purchase

27 Jan

BY F. YAP SECURITIES / 2TRADEASIA

Union Bank of the Philippines (UBP) board authorized the purchase of 894 remaining shares of City Savings Bank (CSB) held by 41 minority holders, at PHP 29,469.92 apiece.

Make SMART investment decisions! Be guided by top stockbrokers in the Philippines!

This represents 0.35% of capital stock, at same price UBP paid for other CSB shares acquired from Aboitiz Equity Ventures (AEV) & Pilmico.

Offer period will run 12 months from date of approval.

Advertisements
 
Leave a comment

Posted by on January 27, 2015 in Corporate News, Stock Market, UBP

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: