On Thursday (June 29), cement company Holcim Philippines Inc. (HPI) announced that it is studying the possibility of delisting from the Philippine Stock Exchange (PSE) after one of its shareholders increased its stock in the company, thereby diluting its public float to ...
The conglomerate is stepping back from the $2.15 billion acquisition.
On Monday (May 11), San Miguel Corp. (SMC) disclosed to the Philippine Stock Exchange that its proposal to acquire a controlling 85.73 percent of Holcim Philippines Inc. (HPI) by May 10, 2020 had lapsed. Subsequently, the offer for the shares by ...
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