PSE acquires another 61.92% stake in PDS for P2.32 billion

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PSE acquires another 61.92% stake in PDS for P2.32 billion
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The Philippine Stock Exchange Inc. (PSE) signed Thursday an agreement to acquire an additional 61.92-percent stake in Philippine Dealing System Holdings

The Philippine Stock Exchange Inc. signed Thursday an agreement to acquire an additional 61.92-percent stake in Philippine Dealing System Holdings Corp. for P2.32 billion.

The PSE will acquire Singapore Exchange Limited’s 20-percent stake; Whistler Technologies Inc.’s 8 percent; San Miguel Corp.’s 4 percent; Investment House Association of the Philippines’ 0.65 percent; and Golden Astra Capital Inc.’s 0.36 percent shareholding in PDS.

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