Wednesday 19 September 2018
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5 months ago

PLDT raising cash, unloading stake in Germany’s Rocket Internet

Telco giant PLDT Inc. announced the beginning of its exit from Germany s Rocket Internet as it seeks to raise money to finance its historic capital spending of P58 billion in 2018. PLDT told the Philippine Stock Exchangeon Mondaythat it committed to sell around 6.8 million of its shares back to Rocket Internet for about 163.2 million Euros (P10.5 billion). This amounted to over half (or 67.4 percent) of its roughly 10.1 million shares in the company, which recently announced the buyback of up to 15.

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هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.
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