First Philippine rejects KKR’s offer for First Gen shares
Investing.com -- First Philippine Holdings has declined to move forward with KKR’s non-binding proposal to purchase a portion of its shares in First Gen, the conglomerate said in a stock-exchange disclosure on Monday. "After careful deliberation and consideration, First Philippine Holdings has determined that KKR’s proposal does not represent the company’s true value," the company said.
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Investing.com -- First Philippine Holdings has declined to move forward with KKR’s non-binding proposal to purchase a portion of its shares in First Gen, the conglomerate said in a stock-exchange disclosure on Monday. "After careful deliberation and consideration, First Philippine Holdings has determined that KKR’s proposal does not represent the company’s true value," the company said. The proposal included a voluntary tender offer at 35 pesos per share. This article was generated with the support of AI and reviewed by an editor.
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- Investing.com -- First Philippine Holdings has declined to move forward with KKR’s non-binding proposal to purchase a portion of its shares in First Gen, the conglomerate said in a stock-exchange disclosure on Monday. "After careful deliberation and consideration, First Philippine Holdings has determined that KKR’s proposal does not represent the company’s true value," the company said.
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First Philippine rejects KKR’s offer for First Gen shares
Sources1TypeCoverageInvesting.com · Stock Market