AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BDO acquires 1st e-Bank.
(From Manila Standard)
Banco de Oro Universal Bank, the banking arm of the Sy family, is acquiring the banking business of 1st e-Bank, a unit of Metro Pacific Corp.
The other terms and conditions of the transaction, like the valuation, has yet to be disclosed. The transaction is seen completed before the end of the year.
Teresita Sy, chairman of BDO, said: "The acquisition of 1st e-Bank's business is in line with our commitment to grow shareholder value, and enable BDO to become a significant player in the banking industry. We welcome this value-enhancing development for BDO."
In separate disclosures to the Exchange, the two banks, which …
-
- Shareholders OK Export Bank, BDO deal.
-
Newspaper article from: Philippine Daily Inquirer
September 21, 2010
700+ words
-
- Union Bank, BDO lead buyers of SMC shares.
-
Newspaper article from: Philippine Daily Inquirer
December 25, 2009
700+ words
-
- Exportbank stockholders approve bank sale to BDO.
-
Magazine article from: BusinessWorld (Philippines)
September 21, 2010
700+ words
-
- Henry Sy bank issues BDO Shop More MasterCard.
-
News wire article from: Asia Africa Intelligence Wire
May 28, 2004
700+ words
-
- Export Bank board OKs BDO takeover proposal.
-
Newspaper article from: Philippine Daily Inquirer
October 30, 2009
700+ words
