State-run Land Bank of the Philippines (LandBank) is offering to pay P360 per share to acquire control of Philippine Dealing System Holdings Corp. (PDSHC).
“In the LBP (LandBank) Board Meeting held on 27 February 2018, the Board of Directors approved LBP’s proposed offers to purchase at least 66.67 percent of total PDSHC common shares at PHP360 per share,” LandBank President and CEO Alex Buenaventura said in a text message to reporters on Thursday.
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