Puregold: 153 Puremart stores bought for P567.5M

By The Manila Times

Jan 03, 2025 12:11 am

LUCIO Co-led retailer Puregold Price Club Inc. said Thursday that it had acquired a total of 153 Puremart stores from affiliate Tower 6789 Corp. at a book value of up to P567.5 million.

In a disclosure, Puregold said that it was revising its Nov. 7 announcement that 'at least 120 to 130 stores' would be purchased.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

BDO Jan-March net grows 6% to P19.7B

Lower passenger yields weigh on PAL earnings

Higher operating costs reduce Philex Q1 core income to P71M

AC Health eyes continued growth

Impact of Trump tariffs 'too early to tell' – ICTSI

PXP Energy net loss widens to P9.2M in Q1

Ayala Land planning to raise P55B this year