THE Philippine Stock Exchange (PSE) is nearing full ownership of Philippine Dealing System Holdings Corp. (PDSHC) after closing a share purchase agreement with Tata Consultancy Services Asia Pacific Pte. Ltd. (TCS).
In a disclosure on Tuesday, the PSE said it signed a share purchase agreement for the sale of Tata's 500,000 PDSHC shares, equivalent to an 8.0 percent stake. Closing conditions for the agreement were completed on the same day, the bourse added.
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