PHILIPPINE Stock Exchange Inc. (PSE) has entered into a share purchase agreement (SPA) with the Bankers Association of the Philippines (BAP) to acquire 1.16 million common shares of Philippine Dealing System Holdings Corp. (PDSHC).
In a disclosure, the bourse said that the deal for a 18.62-percent equity stake held by the BAP, BAP Data Exchange Inc. and member-banks was signed on Tuesday.
