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PAL Holdings tender offer gets few takers
2014-11-27 15:09:56| Beverages - Topix.net
MANILA Only two shareholders of PAL Holdings agreed to cash in on their shares following the voluntary tender offer conducted by the Lucio Tan group to buy out minority shareholders. Two foreign minority shareholders sold 3,575 shares worth P4,254.25 representing less than one percent of the shares owned by public shareholders, according to a sales report by Philippine National Bank and submitted by PAL Holdings to the Philippine Stock Exchange .
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Category:Food and Related Products