Local bourse operator Philippine Stock Exchange Inc. is beefing up its stakes in bonds or fixed-income market operator Philippine Dealing System Holdings Corp. .In a statement, PSE said it signed a deal on December 26, 2024 with the shareholders of PDS to acquire an additional 61.92% in the bonds bourse, on top of its existing 20.98%.The local bourse will be purchasing a total of 3.87 million shares in PDS at P600 apiece for a total of P2.32 billion.
’s 4%, Investment House Association of the Philippines’ 0.65%, and Golden Astra Capital Inc.’s 0.36%.“These signed agreements bring us a step closer to achieving our objective of consolidating the equities and fixed-income exchanges and realizing the synergies and efficiencies from this unified setup.
Philippine Dealing System Holdings Corp.
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