THE Philippine Stock Exchange, Inc. is set to add 61.92 percent to its existing 20.98 percent stake in the Philippine Dealing System Holdings Corporation after signing agreements with PDS shareholders on Thursday, December 26, 2024.
Among the agreements signed Thursday was the term sheet with the Bankers Association of the Philippines for its shares and those owned by BAP Data Exchange, Inc. and certain member-banks for an equivalent of 28.83 percent of PDS. A term sheet was likewise signed with Mizuho Bank Ltd. for its 0.08 percent stake.
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