THE Philippine Stock Exchange (PSE) on Tuesday said that it had closed the purchase of an 18.8-percent stake in Philippine Dealing System Holdings Corp. (PDSHC) held by the Bankers Association of the Philippines (BAP), effectively increasing the bourse's stake to 78.33 percent.
Closing conditions for the acquisition of 1,174,750 common shares representing 18.80 percent of the issued and outstanding shares of PDSHC was completed on Monday, the PSE said in a disclosure.
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