Eagle cement tender offer
WebNov 7, 2024 · A A. Conglomerate San Miguel Corp. said Monday it started the P12.6-billion tender offer to acquire public shares in Eagle Cement Corp. San Miguel said in a … WebDec 14, 2024 · In a stock exchange filing on Wednesday, SMC said the tender offer involved 572.78 million common shares equivalent to 11.45 percent of Eagle Cement, which is owned by Ang’s family. The shares ...
Eagle cement tender offer
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WebOct 12, 2024 · San Miguel Corp. is making a tender offer to the remaining shareholders of Eagle Cement Corp. following its announcement to acquire 88.5 percent of the cement … WebEagle has an outstanding portfolio of cement assets with over eight million tons of annual cement production capacity. Each of the cement plants are highly efficient and …
WebOct 7, 2024 · In its disclosure, San Miguel said it is required to conduct a mandatory tender offer for the shares of Eagle Cement held by its minority shareholders who hold 11.5 percent of the total issued and ... WebDec 15, 2024 · San Miguel Corp., the country’s diversified conglomerate, now owns 99.9 percent of Eagle Cement Corp. after completing its tender offer to shareholders of the …
WebEagle Cement is a vertically integrated cement company fully-committed to provide its customers with high-quality cement and focused on creating long lasting value for its stakeholders through Product Quality and … WebOct 4, 2024 · The selling shareholders of Eagle Cement include Ramon Ang, John Paul Ang, Monica Ang, and Far East Holdings Inc. (FEHI). ... The proposed transaction will trigger notification and clearance with the Philippine Competition Commission and a tender offer of the shares held by the minority shareholders of Eagle Cement, according to SMC. ...
WebOct 7, 2024 · Earlier, San Miguel said it would acquire 88.5 percent of Eagle Cement for P22.02 per share, valuing the entire deal at about P97.4 billion. This would also trigger …
WebDec 15, 2024 · The tender offer price is at P22.02 per common share, which was higher than the volume-weighted average price of Eagle Cement a year ago. The total shares amount to about P97.44 billion. In previous … high quality boho beddingWebOct 5, 2024 · The transaction will automatically trigger a tender offer of the shares still held by minority shareholders and will still require the approval of the Philippine Competition Commission. During the first six months of 2024, Eagle Cement reported revenues of P13.7 billion and net income of P2.9 billion. high quality bone broth protein shakesWebOct 4, 2024 · Eagle Cement shares jumped 3.36 percent or 50 centavos higher than Monday’s close. SMC corporate information officer Ferdinand K. Constantino said the proposed transaction would “trigger notification and clearance with the Philippine Competition Commission (PCC) and a tender offer of the shares held by the minority … high quality bond fundWebTo accommodate our customers’ budget and time frame, Eagle Concrete maintains an extensive line of equipment, and employs a staff of industry-leading professionals to … how many bytes are in an integerWebNov 8, 2024 · The tender offer price is P22.02 per common share, which is higher than the volume-weighted average price of Eagle Cement for one year preceding the date of the disclosure. On Oct. 5, majority shareholders of Eagle Cement signed a share purchase agreement with SMEII for the sale of 88.5% or 4.425 billion of its shares. how many bytes are in data type longWebOct 29, 2024 · The P12.7-billion tender offer would be valued at the same buyout price of P22.02 per share, which was a 43-percent premium to Eagle’s share price when the deal was first announced last Oct. 4. how many bytes are in an ipv4 addressWebNov 7, 2024 · Eagle Cement said San Miguel Equity Investments was ready to acquire 574.88 million Eagle shares at P22.02 apiece after acquiring 88.5 percent of the company for P97.4 billion. The tender … high quality bluetooth audio transmitter