ROBINSONS Retail Holdings Inc. (RRHI) has officially closed the purchase of a 4.4-percent stake in Bank of the Philippine Islands (BPI).

In a disclosure on Friday, RRHI reported that Arran Investment Pte. Ltd. (Arran), an affiliate of GIC Private Ltd., had that day completed the sale of a remaining 10,384,903 preferred shares in Liontide Holdings Inc. (Liontide) to RRHI.

Premium Subscription
P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Access to subscriber exclusive website contents
  • Access to the Digital Edition (up to 3 devices)

Digital + Print
P 830 per month
(billed annually at P 9,960)
  • Ad-free online access
  • Access to the Digital Edition
  • Print copies**
***Not available for delivery outside of the Philippines. Delivery charges may apply to subscribers outside of Metro Manila

(No free trial for this plan)