LIBERTY Telecoms Holdings Inc. (LIB) appears set for delisting following completion of the recent tender offer conducted by Vega Telecom Inc., a wholly owned unit of conglomerate San Miguel Corporation (SMC).
In a disclosure to the Philippine Stock Exchange, Liberty Telecoms said that following the completion of the tender offer conducted by Vega Telecom, 57.27 million shares or 4.43 percent of the company’s outstanding common shares were tendered and accepted for tender.
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