WILSON YOUNG AND AIR FREIGHT

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                    [ArticleID] => 143680
                    [Title] => Tanduay sells franchise for P75 million
                    [Summary] => After two weeks of negotiations, Basic Holdings Inc. and Air Freight 2100 - sole distributor of Federal Express in the country - reached an agreement for a PBA franchise sale worth P75 million yesterday.


PBA commissioner Jun Bernardino said they had received a term sheet by the two parties and they will include the proposed sale in the agenda for Tuesday’s meeting of the PBA board of governors.


The proposed sale needs board approval to become a done deal.


                    [DatePublished] => 2001-12-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Sports
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abtest

Tanduay sells franchise for P75 million

December 15, 2001 - 12:00am

After two weeks of negotiations, Basic Holdings Inc. and Air Freight 2100 - sole distributor of Federal Express in the country - reached an agreement for a PBA franchise sale worth P75 million yesterday. PBA commissioner...

Sports