2GO shareholders set to ratify delisting
newscatcher
2023-03-03 23:30
2GO shareholders set to ratify delisting
Shareholders of Sy-led 2GO Group Inc. will ratify the company's voluntary delisting from the Philippine Stock Exchange during its annual stockholders' meeting on April 18 this year. This comes after the Sy family conglomerate, SM Investments Corp., approved plans to buy out all minority stockholders of 2GO with the aim of taking the 73-year-old logistics group private. Last Feb. 28, SM Investments said its board approved the tender offer for up to 378.82 million common shares, or 15.4 percent of the company, worth about P4.

https://business.inquirer.net/389314/2go-shareholders-set-to-ratify-delisting

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