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                    [ArticleID] => 95738
                    [Title] => Equitable eyes P10 B  from sale of 35% stake
                    [Summary] => Equitable PCI Bank said yesterday it expects to raise between P5 billion to P10 billion from the sale of its not more than 35-percent equity stake to a strategic investor.


In a disclosure to the Philippine Stock Exchange, Equitable PCI Bank also said it prefers to pursue the equity infusion alternative by way of sale of primary shares over that of a merger proposal.


The deadline in bidding for a substantial stake in Equitable PCI Bank lapsed last Monday with four groups submitting their respective offers.


                    [DatePublished] => 2001-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 99082
                    [Title] => Citigroup, Fubon Group form strategic alliance
                    [Summary] => 

Citigroup and the Fubon Group of companies has fomed a strategic business
partnership to become leaders in the large and rapidly growing financial
services market in Taiwan while establishing a platform for expansion into
other key Asian markets.

The partnership calls for Citigroup to invest 15 percent in all of Fubon's five
financial services businesses, including Fubon Insurance, Fubon Securities and
Fubon Commercial Bank, which are publicly-traded; and Fubon Life Assurance and
Fubon Asset Management, which are privately-held.

Citigroup's investment will be made through th
                    [DatePublished] => 2000-05-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

FUBON

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                    [ArticleID] => 95738
                    [Title] => Equitable eyes P10 B  from sale of 35% stake
                    [Summary] => Equitable PCI Bank said yesterday it expects to raise between P5 billion to P10 billion from the sale of its not more than 35-percent equity stake to a strategic investor.


In a disclosure to the Philippine Stock Exchange, Equitable PCI Bank also said it prefers to pursue the equity infusion alternative by way of sale of primary shares over that of a merger proposal.


The deadline in bidding for a substantial stake in Equitable PCI Bank lapsed last Monday with four groups submitting their respective offers.


                    [DatePublished] => 2001-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 99082
                    [Title] => Citigroup, Fubon Group form strategic alliance
                    [Summary] => 

Citigroup and the Fubon Group of companies has fomed a strategic business
partnership to become leaders in the large and rapidly growing financial
services market in Taiwan while establishing a platform for expansion into
other key Asian markets.

The partnership calls for Citigroup to invest 15 percent in all of Fubon's five
financial services businesses, including Fubon Insurance, Fubon Securities and
Fubon Commercial Bank, which are publicly-traded; and Fubon Life Assurance and
Fubon Asset Management, which are privately-held.

Citigroup's investment will be made through th
                    [DatePublished] => 2000-05-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Equitable eyes P10 B from sale of 35% stake

By Christina Mendez | April 6, 2001 - 12:00am

Equitable PCI Bank said yesterday it expects to raise between P5 billion to P10 billion from the sale of its not more than 35-percent equity stake to a strategic investor. In a disclosure to the Philippine Stock...

Business

Citigroup, Fubon Group form strategic alliance

May 17, 2000 - 12:00am

Citigroup and the Fubon Group of companies has fomed a strategic business partnership to become leaders in the large and rapidly growing financial services market in Taiwan while establishing a platform for expansion...

Business