+ Follow TRANS-MIDDLE EAST PHILIPPINES EQUITIES Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 355750
[Title] => EBCII accepts SM offer to buy 10.8% stake in EPCIB
[Summary] => EBC Investments Inc. (EBCII) said yesterday its board has accepted the Sy family’s offer to acquire its 10.8-percent stake in Equitable PCI Bank, which should raise the shareholdings of the SM Group in the country’s third largest lender to almost 45 percent.
The move is seen as a prelude to the SM Group’s acquisition of a family’s controlling block to eventually merge EPCIB with the SM family’s own Banco de Oro.
The SM Group currently holds 34 percent of EPCIBank.
[DatePublished] => 2006-09-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[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
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
TRANS-MIDDLE EAST PHILIPPINES EQUITIES
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 355750
[Title] => EBCII accepts SM offer to buy 10.8% stake in EPCIB
[Summary] => EBC Investments Inc. (EBCII) said yesterday its board has accepted the Sy family’s offer to acquire its 10.8-percent stake in Equitable PCI Bank, which should raise the shareholdings of the SM Group in the country’s third largest lender to almost 45 percent.
The move is seen as a prelude to the SM Group’s acquisition of a family’s controlling block to eventually merge EPCIB with the SM family’s own Banco de Oro.
The SM Group currently holds 34 percent of EPCIBank.
[DatePublished] => 2006-09-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[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
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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