UnionBank Raising Up To $1.1 Billion To Fund Acquisition Of Citigroup’s Philippine Consumer Banking Unit - BitcoinEthereumNews.com
เศรษฐกิจยูเนี่ยนแบงก์ระดมทุนสูงถึง 1.1 พันล้านดอลลาร์เพื่อระดมทุนเพื่อซื้อหน่วยธนาคารเพื่อผู้บริโภคของซิตี้กรุ๊ปในฟิลิปปินส์03 / 31 / 2022ข่าว Bitcoin Ethereum คนเดินเท้ากำลังเดินอยู่หน้าสำนักงานของ Citibank ในย่านการเงินของชานเมืองมาคาติ มะนิลา … [+] on November 18, 2008. Asian shares fell November 18 on mounting fears of an extended global recession after US banking giant Citigroup anounced 50,000 job cuts, about 20 percent of its global workforce from its peak level of 375,000 in late 2007. AFP PHOTO/ROMEO GACAD (Photo credit should read ROMEO GACAD/AFP via Getty Images) AFP ผ่าน Getty Imagesn UnionBank ของฟิลิปปินส์—which counts the Aboitiz family, one of the country‘s richest clans, as its biggest shareholder—is raising as much as 59 billion pesos ($1.1 billion) in a stock rights offering to fund the acquisition of Citigroup’s consumer banking business in the country. The bank plans to offer as much as 800 million shares to existing shareholders at a discounted price of between 64.55 pesos to 73.78 pesos apiece, according to a regulatory filing to the Philippine Stock Exchange. UnionBank shares closed up 2.8% to 97.80 pesos yesterday and was trading at 97 pesos on Friday morning. The offering—which is fully supported by key shareholders Aboitiz Equity Ventures, The Insular Life Assurance Co. and Philippine pension fund Social Security System—starts on April 25 and ends on May 6. In December, UnionBank agreed to