BDO to sell 70% stake in Dominion Holdings for P2.54B

2 weeks ago 20
Suniway Group of Companies Inc.

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MANILA, Philippines — Sy family-led BDO Unibank Inc. will sell a 70-percent stake in Dominion Holdings Inc. (DHI) for an estimated P2.54 billion. In a regulatory filing, The bank said it signed a share purchase agreement on Jan. 19 with Monte Sur Equity Holdings Inc.  This covers 1.51 billion DHI shares at an estimated price
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