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                    [ArticleID] => 96511
                    [Title] => Aussie group, local partners to buy 67.5% stake in ETPI
                    [Summary] => An Australian group and its Filipino partners are now close to finally acquiring a majority 67.5-percent stake in Eastern Telecommunications Phils. Inc. (ETPI).


AGN Philippines, Inc. (AGNP), a wholly owned subsidiary of Australian Gigahertz Network Pty Ptd., now owns 40 percent of ETPI after AGNP paid $20 million to Aerocom Investors and Managers, Inc. in exchange for the latter’s stake in the company.


                    [DatePublished] => 2001-03-24 00:00:00
                    [ColumnID] => 133272
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AGNP

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                    [ArticleID] => 96511
                    [Title] => Aussie group, local partners to buy 67.5% stake in ETPI
                    [Summary] => An Australian group and its Filipino partners are now close to finally acquiring a majority 67.5-percent stake in Eastern Telecommunications Phils. Inc. (ETPI).


AGN Philippines, Inc. (AGNP), a wholly owned subsidiary of Australian Gigahertz Network Pty Ptd., now owns 40 percent of ETPI after AGNP paid $20 million to Aerocom Investors and Managers, Inc. in exchange for the latter’s stake in the company.


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abtest

Aussie group, local partners to buy 67.5% stake in ETPI

March 24, 2001 - 12:00am

An Australian group and its Filipino partners are now close to finally acquiring a majority 67.5-percent stake in Eastern Telecommunications Phils. Inc. (ETPI). AGN Philippines, Inc. (AGNP), a wholly owned subsidiary...

Business