At the sidelines of the Bank Marketing Association of the Philippines' 50th-anniversary dinner reception, BAP president Jose Teodoro Limcaoco said they are expecting a formal offer from the PSE this week.
"Then the board will take it up and study. We don't know how much or anything," he told reporters.
Asked if there is a target price the BAP is eyeing to accept, Limcaoco said the BAP and the PSE may now have two separate internal valuations.
"I'm sure they'll be far apart, but I'm sure we can come to an agreement. The price is not an issue or shouldn't be a stumbling block," he said.
Denne historien er fra August 06, 2024-utgaven av The Philippine Star.
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Denne historien er fra August 06, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Inflation forecasts cut for next 2 years
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DOTr endorses terminal shakeup at NAIA
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Robinsons targets new segments as it ramps up acquisition mode
Robinsons Retail Holdings Inc. (RRHI) is looking to diversify into new market segments with a number of brands currently on its add-to-cart list of potential acquisitions.
Singapore-based fund to invest up to $10 M in Phl solar company
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PLDT Group, First Gen expand RE partnership
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Upward bias seen as market targets 7,000
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Dollar reserves climb to $106.9 B in August
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Arvin triple-double fuels B-Pier past Dyip
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AMIT WORLD CHAMPION ONCE AGAIN
There are so many reasons why the Philippines is considered the billiards epicenter of the planet.
7 hurt in Kentucky shooting; manhunt underway
A manhunt was underway early yesterday as police searched for a gunman in a rural area of southeastern Kentucky near Interstate 75, according to authorities who said seven people were hurt in the shooting and a vehicle accident that accompanied the violence.