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Pages in category "Mergers and acquisitions of Philippine companies" This category contains only the following page.
The Banco de Oro-Equitable PCI Bank merger (2004–2006) was a plan by the SM Group of Companies and Banco de Oro Universal Bank, the then fifth-largest bank in the Philippines, to merge with Equitable PCI Bank, the third-largest bank. The merger was part of a long-term goal of Banco de Oro to become one of the largest names in the Philippine ...
The current bank is the product of the Banco de Oro–Equitable PCI Bank merger.The boards of both banks agreed to merge on December 27, 2006. The new BDO Unibank retained the ticker symbol of the old Banco de Oro, and 1.3 billion BDO shares were issued in exchange for 727 million Equitable PCI Bank shares.
Coca-Cola FEMSA , the largest franchise bottler of Coca-Cola products in the world, has agreed to buy a 51% stake in Coca-Cola's Coca-Cola Bottlers Philippines (CCBPI) for $688.5 million. The all ...
With the success of this merger, Banco de Oro became the second largest bank, with assets of P613 billion, after the current industry leader, Metropolitan Bank and Trust Company, with assets of more than P641.5 billion. The merger demoted the Bank of the Philippine Islands to third place, with P582 billion in assets. BDO has since surpassed ...
The first merger occurred in 1974 with BPI's acquisition of the People's Bank and Trust Company. Major notable acquisitions include Commercial Bank and Trust Company in 1981, CityTrust Banking Corporation in 1996, Far East Bank and Trust Company in 2000, Prudential Bank in 2005, [ 18 ] BPI's subsidiary BPI Family Savings Bank in early-2022 [ 19 ...
Companies of the Philippines by year of establishment (91 C) D. Defunct companies of the Philippines (6 C, 3 P) M. Mergers and acquisitions of Philippine companies (1 P)
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.