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                    [ArticleID] => 355525
                    [Title] => EPCIB board weighs SM’s buyout offer
                    [Summary] => The board of Equitable PCI Bank (EPCIB) said yesterday it would "consider and study" the buyout offer made by SM Investments Inc. (SMIC) for the remaining two-thirds of the bank, valued at nearly P37 billion.


However, the offer will have to wait until mid-September when the board would have discussed the results of a study regarding the real value of a 10.8-percent block in the form of treasury shares held by EPCIB subsidiary EBC Investments Inc. (EBCII).


                    [DatePublished] => 2006-08-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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PILIPINAS AND BASEL

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                    [Title] => EPCIB board weighs SM’s buyout offer
                    [Summary] => The board of Equitable PCI Bank (EPCIB) said yesterday it would "consider and study" the buyout offer made by SM Investments Inc. (SMIC) for the remaining two-thirds of the bank, valued at nearly P37 billion.


However, the offer will have to wait until mid-September when the board would have discussed the results of a study regarding the real value of a 10.8-percent block in the form of treasury shares held by EPCIB subsidiary EBC Investments Inc. (EBCII).


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abtest

EPCIB board weighs SM’s buyout offer

By Ted P. Torres | August 31, 2006 - 12:00am

The board of Equitable PCI Bank (EPCIB) said yesterday it would "consider and study" the buyout offer made by SM Investments Inc. (SMIC) for the remaining two-thirds of the bank, valued at nearly P37 billion. However,...

Business